This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $95,679 initial cash invested.
0.4%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$3,456
Rent
$32
Cashflow
Cash Flow
$3,456 income − $3,424 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,679
Downpayment
20%
$73,980
Closing costs
1%
$3,699
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,456
Total Expenses
$3,424
Mortgage P&I
58%
$2,011
Property Taxes
3%
$108
Home Insurance
4%
$130
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380