This property might be a fair Mid-Term investment with a projected 6.42% first-year return on $97,128 initial cash invested.
6.42%
Cash On Cash
8.46%
Cap Rate
1.36
DSCR
$4,496
Rent
$520
Cashflow
Cash Flow
$4,496 income − $3,976 expenses = $520 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,128
Downpayment
20%
$75,360
Closing costs
1%
$3,768
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,496
Total Expenses
$3,976
Mortgage P&I
44%
$1,957
Property Taxes
8%
$353
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495