This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $100k initial cash invested.
0.45%
Cash On Cash
7.05%
Cap Rate
1.09
DSCR
$3,914
Rent
$38
Cashflow
Cash Flow
$3,914 income − $3,876 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,540
Closing costs
1%
$3,927
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,914
Total Expenses
$3,876
Mortgage P&I
54%
$2,112
Property Taxes
7%
$292
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$117
Maintenance
4%
$157
Other
11%
$431