This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $98,031 initial cash invested.
0.86%
Cash On Cash
7.21%
Cap Rate
1.12
DSCR
$4,425
Rent
$70
Cashflow
Cash Flow
$4,425 income − $4,355 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,031
Downpayment
20%
$76,220
Closing costs
1%
$3,811
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,425
Total Expenses
$4,355
Mortgage P&I
46%
$2,042
Property Taxes
12%
$546
Home Insurance
6%
$262
HOA
0%
$0
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487