This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $93,243 initial cash invested.
3.54%
Cash On Cash
7.55%
Cap Rate
1.23
DSCR
$3,782
Rent
$275
Cashflow
Cash Flow
$3,782 income − $3,507 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,243
Downpayment
20%
$71,660
Closing costs
1%
$3,583
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,782
Total Expenses
$3,507
Mortgage P&I
48%
$1,829
Property Taxes
7%
$267
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416