This property might be a fair Mid-Term investment with a projected 2.45% first-year return on $99,984 initial cash invested.
2.45%
Cash On Cash
7.18%
Cap Rate
1.18
DSCR
$3,976
Rent
$204
Cashflow
Cash Flow
$3,976 income − $3,772 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,984
Downpayment
20%
$78,080
Closing costs
1%
$3,904
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,976
Total Expenses
$3,772
Mortgage P&I
50%
$1,974
Property Taxes
8%
$311
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437