This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $98,619 initial cash invested.
0.94%
Cash On Cash
6.75%
Cap Rate
1.12
DSCR
$3,822
Rent
$77
Cashflow
Cash Flow
$3,822 income − $3,745 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,619
Downpayment
20%
$76,780
Closing costs
1%
$3,839
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,822
Total Expenses
$3,745
Mortgage P&I
50%
$1,929
Property Taxes
10%
$385
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420