This property might be a fair Mid-Term investment with a projected 7.64% first-year return on $95,322 initial cash invested.
7.64%
Cash On Cash
8.8%
Cap Rate
1.43
DSCR
$5,092
Rent
$607
Cashflow
Cash Flow
$5,092 income − $4,485 expenses = $607 cash flow
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,322
Downpayment
20%
$73,640
Closing costs
1%
$3,682
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,092
Total Expenses
$4,485
Mortgage P&I
37%
$1,888
Property Taxes
14%
$732
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$611
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$560