This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $97,695 initial cash invested.
0.72%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$3,588
Rent
$59
Cashflow
Cash Flow
$3,588 income − $3,529 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,695
Downpayment
20%
$75,900
Closing costs
1%
$3,795
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,588
Total Expenses
$3,529
Mortgage P&I
58%
$2,093
Property Taxes
2%
$81
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395