This property might be a fair Mid-Term investment with a projected 9.12% first-year return on $97,359 initial cash invested.
9.12%
Cash On Cash
9.43%
Cap Rate
1.47
DSCR
$5,253
Rent
$740
Cashflow
Cash Flow
$5,253 income − $4,513 expenses = $740 cash flow
Investment Breakdown
|
Purchase Price
$378k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,359
Downpayment
20%
$75,580
Closing costs
1%
$3,779
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,253
Total Expenses
$4,513
Mortgage P&I
38%
$2,019
Property Taxes
11%
$572
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$630
CapEx
4%
$210
Vacancy
3%
$158
Maintenance
4%
$210
Other
11%
$578