This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $101k initial cash invested.
1.16%
Cash On Cash
7.53%
Cap Rate
1.12
DSCR
$4,180
Rent
$98
Cashflow
Cash Flow
$4,180 income − $4,082 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,020
Closing costs
1%
$3,951
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,180
Total Expenses
$4,082
Mortgage P&I
53%
$2,215
Property Taxes
7%
$306
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460