This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $98,262 initial cash invested.
3.49%
Cash On Cash
7.75%
Cap Rate
1.22
DSCR
$4,022
Rent
$286
Cashflow
Cash Flow
$4,022 income − $3,736 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,262
Downpayment
20%
$76,440
Closing costs
1%
$3,822
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,022
Total Expenses
$3,736
Mortgage P&I
50%
$2,021
Property Taxes
5%
$209
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$442