This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $99,900 initial cash invested.
0.46%
Cash On Cash
7.29%
Cap Rate
1.09
DSCR
$3,724
Rent
$38
Cashflow
Cash Flow
$3,724 income − $3,686 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,724
Total Expenses
$3,686
Mortgage P&I
59%
$2,181
Property Taxes
3%
$102
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410