This property might be a fair Mid-Term investment with a projected 1.68% first-year return on $95,574 initial cash invested.
1.68%
Cash On Cash
7.55%
Cap Rate
1.15
DSCR
$4,089
Rent
$134
Cashflow
Cash Flow
$4,089 income − $3,955 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,574
Downpayment
20%
$73,880
Closing costs
1%
$3,694
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,089
Total Expenses
$3,955
Mortgage P&I
50%
$2,025
Property Taxes
10%
$416
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450