This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $99,669 initial cash invested.
2.17%
Cash On Cash
7.37%
Cap Rate
1.17
DSCR
$4,246
Rent
$180
Cashflow
Cash Flow
$4,246 income − $4,066 expenses = $180 cash flow
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,669
Downpayment
20%
$77,780
Closing costs
1%
$3,889
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,246
Total Expenses
$4,066
Mortgage P&I
48%
$2,039
Property Taxes
11%
$447
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467