This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $94,734 initial cash invested.
1.47%
Cash On Cash
7.12%
Cap Rate
1.14
DSCR
$3,720
Rent
$116
Cashflow
Cash Flow
$3,720 income − $3,604 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,734
Downpayment
20%
$73,080
Closing costs
1%
$3,654
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,720
Total Expenses
$3,604
Mortgage P&I
51%
$1,902
Property Taxes
8%
$306
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409