This property might be a fair Mid-Term investment with a projected 2.79% first-year return on $97,317 initial cash invested.
2.79%
Cash On Cash
7.89%
Cap Rate
1.19
DSCR
$4,394
Rent
$226
Cashflow
Cash Flow
$4,394 income − $4,168 expenses = $226 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,317
Downpayment
20%
$75,540
Closing costs
1%
$3,777
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,394
Total Expenses
$4,168
Mortgage P&I
47%
$2,082
Property Taxes
10%
$456
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483