This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $99,438 initial cash invested.
0.92%
Cash On Cash
6.85%
Cap Rate
1.12
DSCR
$3,932
Rent
$76
Cashflow
Cash Flow
$3,932 income − $3,856 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$388k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,438
Downpayment
20%
$77,560
Closing costs
1%
$3,878
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,932
Total Expenses
$3,856
Mortgage P&I
50%
$1,981
Property Taxes
10%
$385
Home Insurance
3%
$136
HOA
0%
$17
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433