This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $94,209 initial cash invested.
3.96%
Cash On Cash
7.89%
Cap Rate
1.26
DSCR
$4,473
Rent
$311
Cashflow
Cash Flow
$4,473 income − $4,162 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,209
Downpayment
20%
$72,580
Closing costs
1%
$3,629
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,473
Total Expenses
$4,162
Mortgage P&I
42%
$1,897
Property Taxes
14%
$615
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492