This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $95,112 initial cash invested.
1.84%
Cash On Cash
7%
Cap Rate
1.16
DSCR
$3,746
Rent
$146
Cashflow
Cash Flow
$3,746 income − $3,600 expenses = $146 cash flow
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,112
Downpayment
20%
$73,440
Closing costs
1%
$3,672
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,746
Total Expenses
$3,600
Mortgage P&I
49%
$1,845
Property Taxes
9%
$350
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412