This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $98,388 initial cash invested.
0.62%
Cash On Cash
7.3%
Cap Rate
1.1
DSCR
$4,125
Rent
$51
Cashflow
Cash Flow
$4,125 income − $4,074 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,388
Downpayment
20%
$76,560
Closing costs
1%
$3,828
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,125
Total Expenses
$4,074
Mortgage P&I
51%
$2,113
Property Taxes
9%
$358
Home Insurance
4%
$150
HOA
1%
$50
Property Management
12%
$495
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454