This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $101k initial cash invested.
0.73%
Cash On Cash
7.1%
Cap Rate
1.1
DSCR
$3,794
Rent
$61
Cashflow
Cash Flow
$3,794 income − $3,733 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,794
Total Expenses
$3,733
Mortgage P&I
56%
$2,118
Property Taxes
4%
$166
Home Insurance
4%
$159
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417