This property might be a fair Mid-Term investment with a projected 5.19% first-year return on $91,500 initial cash invested.
5.19%
Cash On Cash
8.47%
Cap Rate
1.29
DSCR
$4,089
Rent
$396
Cashflow
Cash Flow
$4,089 income − $3,693 expenses = $396 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,089
Total Expenses
$3,693
Mortgage P&I
47%
$1,910
Property Taxes
7%
$269
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450