This property might be a fair Mid-Term investment with a projected 4.14% first-year return on $95,070 initial cash invested.
4.14%
Cash On Cash
8.15%
Cap Rate
1.26
DSCR
$4,478
Rent
$328
Cashflow
Cash Flow
$4,478 income − $4,150 expenses = $328 cash flow
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,070
Downpayment
20%
$73,400
Closing costs
1%
$3,670
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,478
Total Expenses
$4,150
Mortgage P&I
44%
$1,985
Property Taxes
10%
$459
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493