This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $99,312 initial cash invested.
1.72%
Cash On Cash
7.64%
Cap Rate
1.14
DSCR
$4,140
Rent
$142
Cashflow
Cash Flow
$4,140 income − $3,998 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,312
Downpayment
20%
$77,440
Closing costs
1%
$3,872
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,140
Total Expenses
$3,998
Mortgage P&I
52%
$2,156
Property Taxes
7%
$294
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$455