This property might be a fair Mid-Term investment with a projected 7.47% first-year return on $93,178 initial cash invested.
7.47%
Cash On Cash
9.05%
Cap Rate
1.39
DSCR
$4,274
Rent
$580
Cashflow
Cash Flow
$4,274 income − $3,694 expenses = $580 cash flow
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,178
Downpayment
20%
$71,598
Closing costs
1%
$3,580
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,274
Total Expenses
$3,694
Mortgage P&I
46%
$1,949
Property Taxes
2%
$81
Home Insurance
3%
$125
HOA
2%
$86
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470