This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $100k initial cash invested.
1.41%
Cash On Cash
7.01%
Cap Rate
1.13
DSCR
$3,632
Rent
$118
Cashflow
Cash Flow
$3,632 income − $3,514 expenses = $118 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,320
Closing costs
1%
$3,916
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,632
Total Expenses
$3,514
Mortgage P&I
56%
$2,023
Property Taxes
3%
$116
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$400