This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $95,994 initial cash invested.
1.31%
Cash On Cash
7.34%
Cap Rate
1.13
DSCR
$3,952
Rent
$105
Cashflow
Cash Flow
$3,952 income − $3,847 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,994
Downpayment
20%
$74,280
Closing costs
1%
$3,714
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,952
Total Expenses
$3,847
Mortgage P&I
51%
$2,010
Property Taxes
9%
$362
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$474
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435