This property might be a fair Mid-Term investment with a projected 5.48% first-year return on $92,256 initial cash invested.
5.48%
Cash On Cash
8.18%
Cap Rate
1.32
DSCR
$4,065
Rent
$421
Cashflow
Cash Flow
$4,065 income − $3,644 expenses = $421 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,256
Downpayment
20%
$70,720
Closing costs
1%
$3,536
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,065
Total Expenses
$3,644
Mortgage P&I
45%
$1,827
Property Taxes
7%
$270
Home Insurance
4%
$164
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447