This property might be a fair Mid-Term investment with a projected 8.12% first-year return on $98,157 initial cash invested.
8.12%
Cash On Cash
9.34%
Cap Rate
1.41
DSCR
$4,959
Rent
$664
Cashflow
Cash Flow
$4,959 income − $4,295 expenses = $664 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,157
Downpayment
20%
$76,340
Closing costs
1%
$3,817
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,959
Total Expenses
$4,295
Mortgage P&I
43%
$2,109
Property Taxes
8%
$387
Home Insurance
2%
$114
HOA
0%
$0
Property Management
12%
$595
CapEx
4%
$198
Vacancy
3%
$149
Maintenance
4%
$198
Other
11%
$545