This property might be a fair Mid-Term investment with a projected 1.5% first-year return on $96,036 initial cash invested.
1.5%
Cash On Cash
7.41%
Cap Rate
1.14
DSCR
$3,826
Rent
$120
Cashflow
Cash Flow
$3,826 income − $3,706 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,036
Downpayment
20%
$74,320
Closing costs
1%
$3,716
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,826
Total Expenses
$3,706
Mortgage P&I
53%
$2,021
Property Taxes
5%
$200
Home Insurance
5%
$184
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421