This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $97,989 initial cash invested.
1.57%
Cash On Cash
7.49%
Cap Rate
1.14
DSCR
$3,970
Rent
$128
Cashflow
Cash Flow
$3,970 income − $3,842 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,989
Downpayment
20%
$76,180
Closing costs
1%
$3,809
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,970
Total Expenses
$3,842
Mortgage P&I
53%
$2,090
Property Taxes
7%
$267
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437