This property might be a fair Mid-Term investment with a projected 6.66% first-year return on $94,272 initial cash invested.
6.66%
Cash On Cash
8.37%
Cap Rate
1.37
DSCR
$4,050
Rent
$523
Cashflow
Cash Flow
$4,050 income − $3,527 expenses = $523 cash flow
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,272
Downpayment
20%
$72,640
Closing costs
1%
$3,632
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,050
Total Expenses
$3,527
Mortgage P&I
46%
$1,847
Property Taxes
4%
$171
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446