This property might be a fair Mid-Term investment with a projected 4.16% first-year return on $91,479 initial cash invested.
4.16%
Cash On Cash
7.79%
Cap Rate
1.26
DSCR
$3,806
Rent
$317
Cashflow
Cash Flow
$3,806 income − $3,489 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,806
Total Expenses
$3,489
Mortgage P&I
47%
$1,801
Property Taxes
7%
$272
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$457
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$419