This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $95,280 initial cash invested.
1.31%
Cash On Cash
6.88%
Cap Rate
1.13
DSCR
$3,434
Rent
$104
Cashflow
Cash Flow
$3,434 income − $3,330 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,280
Downpayment
20%
$73,600
Closing costs
1%
$3,680
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,434
Total Expenses
$3,330
Mortgage P&I
54%
$1,868
Property Taxes
5%
$164
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378