This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $97,464 initial cash invested.
1.66%
Cash On Cash
7.01%
Cap Rate
1.15
DSCR
$3,687
Rent
$135
Cashflow
Cash Flow
$3,687 income − $3,552 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,464
Downpayment
20%
$75,680
Closing costs
1%
$3,784
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,687
Total Expenses
$3,552
Mortgage P&I
52%
$1,929
Property Taxes
6%
$234
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$111
Maintenance
4%
$147
Other
11%
$406