This property might be a fair Mid-Term investment with a projected 3.03% first-year return on $99,900 initial cash invested.
3.03%
Cash On Cash
7.84%
Cap Rate
1.2
DSCR
$4,329
Rent
$252
Cashflow
Cash Flow
$4,329 income − $4,077 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,329
Total Expenses
$4,077
Mortgage P&I
49%
$2,124
Property Taxes
8%
$346
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476