This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $97,191 initial cash invested.
0.93%
Cash On Cash
6.87%
Cap Rate
1.11
DSCR
$3,510
Rent
$75
Cashflow
Cash Flow
$3,510 income − $3,435 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,191
Downpayment
20%
$75,420
Closing costs
1%
$3,771
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,510
Total Expenses
$3,435
Mortgage P&I
55%
$1,943
Property Taxes
4%
$143
Home Insurance
4%
$136
HOA
1%
$21
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386