This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $95,952 initial cash invested.
2.41%
Cash On Cash
7.6%
Cap Rate
1.18
DSCR
$4,156
Rent
$193
Cashflow
Cash Flow
$4,156 income − $3,963 expenses = $193 cash flow
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,952
Downpayment
20%
$74,240
Closing costs
1%
$3,712
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,156
Total Expenses
$3,963
Mortgage P&I
48%
$1,992
Property Taxes
10%
$425
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457