This property might be a fair Mid-Term investment with a projected 0.52% first-year return on $97,065 initial cash invested.
0.52%
Cash On Cash
7.23%
Cap Rate
1.1
DSCR
$3,980
Rent
$42
Cashflow
Cash Flow
$3,980 income − $3,938 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,065
Downpayment
20%
$75,300
Closing costs
1%
$3,765
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,980
Total Expenses
$3,938
Mortgage P&I
52%
$2,067
Property Taxes
10%
$383
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438