This property might be a fair Mid-Term investment with a projected 5.08% first-year return on $91,500 initial cash invested.
5.08%
Cash On Cash
8.47%
Cap Rate
1.29
DSCR
$4,132
Rent
$387
Cashflow
Cash Flow
$4,132 income − $3,745 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,132
Total Expenses
$3,745
Mortgage P&I
46%
$1,917
Property Taxes
7%
$301
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455