This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $98,430 initial cash invested.
1.06%
Cash On Cash
7.05%
Cap Rate
1.12
DSCR
$3,908
Rent
$87
Cashflow
Cash Flow
$3,908 income − $3,821 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,430
Downpayment
20%
$76,600
Closing costs
1%
$3,830
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,908
Total Expenses
$3,821
Mortgage P&I
51%
$2,008
Property Taxes
9%
$350
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$469
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$430