This property might be a fair Mid-Term investment with a projected 6.18% first-year return on $92,865 initial cash invested.
6.18%
Cash On Cash
8.58%
Cap Rate
1.35
DSCR
$4,498
Rent
$478
Cashflow
Cash Flow
$4,498 income − $4,020 expenses = $478 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,865
Downpayment
20%
$71,300
Closing costs
1%
$3,565
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,498
Total Expenses
$4,020
Mortgage P&I
42%
$1,891
Property Taxes
10%
$471
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495