This property might be a fair Mid-Term investment with a projected 8.44% first-year return on $96,057 initial cash invested.
8.44%
Cash On Cash
8.94%
Cap Rate
1.46
DSCR
$4,826
Rent
$676
Cashflow
Cash Flow
$4,826 income − $4,150 expenses = $676 cash flow
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,057
Downpayment
20%
$74,340
Closing costs
1%
$3,717
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,826
Total Expenses
$4,150
Mortgage P&I
39%
$1,900
Property Taxes
9%
$457
Home Insurance
3%
$152
HOA
0%
$0
Property Management
12%
$579
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$531