This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $95,238 initial cash invested.
3.04%
Cash On Cash
7.78%
Cap Rate
1.21
DSCR
$4,474
Rent
$241
Cashflow
Cash Flow
$4,474 income − $4,233 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,238
Downpayment
20%
$73,560
Closing costs
1%
$3,678
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,474
Total Expenses
$4,233
Mortgage P&I
44%
$1,965
Property Taxes
13%
$595
Home Insurance
3%
$152
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492