This property might be a fair Mid-Term investment with a projected 1.07% first-year return on $98,430 initial cash invested.
1.07%
Cash On Cash
6.9%
Cap Rate
1.12
DSCR
$3,768
Rent
$88
Cashflow
Cash Flow
$3,768 income − $3,680 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,768
Total Expenses
$3,680
Mortgage P&I
52%
$1,964
Property Taxes
8%
$295
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414