This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $101k initial cash invested.
0.75%
Cash On Cash
7.24%
Cap Rate
1.12
DSCR
$4,652
Rent
$63
Cashflow
Cash Flow
$4,652 income − $4,589 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,080
Closing costs
1%
$3,954
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,652
Total Expenses
$4,589
Mortgage P&I
46%
$2,136
Property Taxes
16%
$740
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512