This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $94,020 initial cash invested.
1.53%
Cash On Cash
7.46%
Cap Rate
1.14
DSCR
$3,801
Rent
$120
Cashflow
Cash Flow
$3,801 income − $3,681 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,020
Downpayment
20%
$72,400
Closing costs
1%
$3,620
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,801
Total Expenses
$3,681
Mortgage P&I
52%
$1,978
Property Taxes
7%
$267
Home Insurance
3%
$129
HOA
0%
$15
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418