This property might be a fair Mid-Term investment with a projected 4.19% first-year return on $95,679 initial cash invested.
4.19%
Cash On Cash
7.82%
Cap Rate
1.26
DSCR
$4,186
Rent
$334
Cashflow
Cash Flow
$4,186 income − $3,852 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,679
Downpayment
20%
$73,980
Closing costs
1%
$3,699
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,186
Total Expenses
$3,852
Mortgage P&I
46%
$1,911
Property Taxes
9%
$389
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$126
Maintenance
4%
$167
Other
11%
$460