This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $95,784 initial cash invested.
0.28%
Cash On Cash
7.12%
Cap Rate
1.09
DSCR
$3,784
Rent
$22
Cashflow
Cash Flow
$3,784 income − $3,762 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,784
Downpayment
20%
$74,080
Closing costs
1%
$3,704
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,784
Total Expenses
$3,762
Mortgage P&I
54%
$2,025
Property Taxes
8%
$320
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$114
Maintenance
4%
$151
Other
11%
$416