This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $94,650 initial cash invested.
5.57%
Cash On Cash
8.27%
Cap Rate
1.32
DSCR
$4,167
Rent
$439
Cashflow
Cash Flow
$4,167 income − $3,728 expenses = $439 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,650
Downpayment
20%
$73,000
Closing costs
1%
$3,650
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,167
Total Expenses
$3,728
Mortgage P&I
46%
$1,909
Property Taxes
7%
$274
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458