This property might be a fair Mid-Term investment with a projected 4.65% first-year return on $93,390 initial cash invested.
4.65%
Cash On Cash
8.3%
Cap Rate
1.28
DSCR
$4,344
Rent
$362
Cashflow
Cash Flow
$4,344 income − $3,982 expenses = $362 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,390
Downpayment
20%
$71,800
Closing costs
1%
$3,590
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,344
Total Expenses
$3,982
Mortgage P&I
45%
$1,948
Property Taxes
10%
$431
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478