This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $98,892 initial cash invested.
0.68%
Cash On Cash
7.31%
Cap Rate
1.1
DSCR
$4,106
Rent
$56
Cashflow
Cash Flow
$4,106 income − $4,050 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,892
Downpayment
20%
$77,040
Closing costs
1%
$3,852
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,106
Total Expenses
$4,050
Mortgage P&I
52%
$2,128
Property Taxes
9%
$381
Home Insurance
3%
$140
HOA
0%
$5
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452