This property might be a fair Mid-Term investment with a projected 0.1% first-year return on $99,879 initial cash invested.
0.1%
Cash On Cash
7.07%
Cap Rate
1.08
DSCR
$3,916
Rent
$8
Cashflow
Cash Flow
$3,916 income − $3,908 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,879
Downpayment
20%
$77,980
Closing costs
1%
$3,899
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,916
Total Expenses
$3,908
Mortgage P&I
54%
$2,131
Property Taxes
7%
$292
Home Insurance
3%
$136
HOA
0%
$17
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$117
Maintenance
4%
$157
Other
11%
$431