This property might be a fair Mid-Term investment with a projected 4.11% first-year return on $94,356 initial cash invested.
4.11%
Cash On Cash
7.66%
Cap Rate
1.26
DSCR
$4,064
Rent
$323
Cashflow
Cash Flow
$4,064 income − $3,741 expenses = $323 cash flow
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,356
Downpayment
20%
$72,720
Closing costs
1%
$3,636
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,064
Total Expenses
$3,741
Mortgage P&I
45%
$1,836
Property Taxes
9%
$375
Home Insurance
3%
$131
HOA
0%
$16
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447