This property might be a fair Mid-Term investment with a projected 0.81% first-year return on $96,120 initial cash invested.
0.81%
Cash On Cash
6.82%
Cap Rate
1.11
DSCR
$3,740
Rent
$65
Cashflow
Cash Flow
$3,740 income − $3,675 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,120
Downpayment
20%
$74,400
Closing costs
1%
$3,720
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,740
Total Expenses
$3,675
Mortgage P&I
51%
$1,898
Property Taxes
10%
$372
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$411