This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $95,868 initial cash invested.
1.14%
Cash On Cash
7.4%
Cap Rate
1.12
DSCR
$3,740
Rent
$91
Cashflow
Cash Flow
$3,740 income − $3,649 expenses = $91 cash flow
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,868
Downpayment
20%
$74,160
Closing costs
1%
$3,708
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,740
Total Expenses
$3,649
Mortgage P&I
55%
$2,047
Property Taxes
5%
$199
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$411