This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $98,493 initial cash invested.
0.09%
Cash On Cash
6.67%
Cap Rate
1.07
DSCR
$3,440
Rent
$7
Cashflow
Cash Flow
$3,440 income − $3,433 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,493
Downpayment
20%
$76,660
Closing costs
1%
$3,833
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,440
Total Expenses
$3,433
Mortgage P&I
58%
$1,985
Property Taxes
4%
$138
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$413
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$378