This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $99,690 initial cash invested.
0.84%
Cash On Cash
6.79%
Cap Rate
1.1
DSCR
$3,470
Rent
$70
Cashflow
Cash Flow
$3,470 income − $3,400 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,690
Downpayment
20%
$77,800
Closing costs
1%
$3,890
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,470
Total Expenses
$3,400
Mortgage P&I
57%
$1,992
Property Taxes
2%
$59
Home Insurance
4%
$136
HOA
1%
$33
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382