This property might be a fair Mid-Term investment with a projected 5.2% first-year return on $97,590 initial cash invested.
5.2%
Cash On Cash
8.36%
Cap Rate
1.28
DSCR
$4,008
Rent
$423
Cashflow
Cash Flow
$4,008 income − $3,585 expenses = $423 cash flow
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,590
Downpayment
20%
$75,800
Closing costs
1%
$3,790
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,008
Total Expenses
$3,585
Mortgage P&I
51%
$2,057
Property Taxes
1%
$33
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441