This property might be a fair Mid-Term investment with a projected 2.58% first-year return on $94,272 initial cash invested.
2.58%
Cash On Cash
7.45%
Cap Rate
1.2
DSCR
$4,244
Rent
$203
Cashflow
Cash Flow
$4,244 income − $4,041 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,272
Downpayment
20%
$72,640
Closing costs
1%
$3,632
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,244
Total Expenses
$4,041
Mortgage P&I
44%
$1,883
Property Taxes
14%
$585
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467