This property might be a fair Mid-Term investment with a projected 4.83% first-year return on $91,416 initial cash invested.
4.83%
Cash On Cash
8.49%
Cap Rate
1.27
DSCR
$4,114
Rent
$368
Cashflow
Cash Flow
$4,114 income − $3,746 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,416
Downpayment
20%
$69,920
Closing costs
1%
$3,496
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,114
Total Expenses
$3,746
Mortgage P&I
47%
$1,940
Property Taxes
7%
$282
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$123
Maintenance
4%
$165
Other
11%
$453