This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $99,081 initial cash invested.
1.27%
Cash On Cash
7.3%
Cap Rate
1.12
DSCR
$3,891
Rent
$105
Cashflow
Cash Flow
$3,891 income − $3,786 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$386k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,081
Downpayment
20%
$77,220
Closing costs
1%
$3,861
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,891
Total Expenses
$3,786
Mortgage P&I
54%
$2,088
Property Taxes
6%
$234
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428