This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $99,312 initial cash invested.
4.02%
Cash On Cash
8.17%
Cap Rate
1.24
DSCR
$4,251
Rent
$333
Cashflow
Cash Flow
$4,251 income − $3,918 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,312
Downpayment
20%
$77,440
Closing costs
1%
$3,872
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,251
Total Expenses
$3,918
Mortgage P&I
50%
$2,132
Property Taxes
5%
$204
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468