This property might be a fair Mid-Term investment with a projected 7.81% first-year return on $97,779 initial cash invested.
7.81%
Cash On Cash
8.77%
Cap Rate
1.42
DSCR
$4,576
Rent
$636
Cashflow
Cash Flow
$4,576 income − $3,940 expenses = $636 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,576
Total Expenses
$3,940
Mortgage P&I
43%
$1,956
Property Taxes
6%
$296
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$549
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503