This property might be a fair Mid-Term investment with a projected 4.21% first-year return on $90,891 initial cash invested.
4.21%
Cash On Cash
8.24%
Cap Rate
1.25
DSCR
$4,011
Rent
$319
Cashflow
Cash Flow
$4,011 income − $3,692 expenses = $319 cash flow
Investment Breakdown
|
Purchase Price
$347k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,891
Downpayment
20%
$69,420
Closing costs
1%
$3,471
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,011
Total Expenses
$3,692
Mortgage P&I
47%
$1,903
Property Taxes
8%
$305
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441