This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $97,107 initial cash invested.
0.72%
Cash On Cash
7.13%
Cap Rate
1.1
DSCR
$3,776
Rent
$58
Cashflow
Cash Flow
$3,776 income − $3,718 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,107
Downpayment
20%
$75,340
Closing costs
1%
$3,767
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,776
Total Expenses
$3,718
Mortgage P&I
54%
$2,030
Property Taxes
8%
$293
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415