This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $97,779 initial cash invested.
0.29%
Cash On Cash
7.03%
Cap Rate
1.09
DSCR
$3,882
Rent
$24
Cashflow
Cash Flow
$3,882 income − $3,858 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,882
Total Expenses
$3,858
Mortgage P&I
53%
$2,048
Property Taxes
9%
$358
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$427