This property might be a fair Mid-Term investment with a projected 5.69% first-year return on $92,823 initial cash invested.
5.69%
Cash On Cash
8.2%
Cap Rate
1.34
DSCR
$4,384
Rent
$440
Cashflow
Cash Flow
$4,384 income − $3,944 expenses = $440 cash flow
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,823
Downpayment
20%
$71,260
Closing costs
1%
$3,563
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,384
Total Expenses
$3,944
Mortgage P&I
41%
$1,819
Property Taxes
12%
$509
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$132
Maintenance
4%
$175
Other
11%
$482