This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $95,805 initial cash invested.
0.56%
Cash On Cash
7.4%
Cap Rate
1.1
DSCR
$4,186
Rent
$45
Cashflow
Cash Flow
$4,186 income − $4,141 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,805
Downpayment
20%
$74,100
Closing costs
1%
$3,705
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,186
Total Expenses
$4,141
Mortgage P&I
50%
$2,072
Property Taxes
12%
$514
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$126
Maintenance
4%
$167
Other
11%
$460