This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $95,028 initial cash invested.
1.53%
Cash On Cash
7.27%
Cap Rate
1.15
DSCR
$4,256
Rent
$121
Cashflow
Cash Flow
$4,256 income − $4,135 expenses = $121 cash flow
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,028
Downpayment
20%
$73,360
Closing costs
1%
$3,668
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,256
Total Expenses
$4,135
Mortgage P&I
45%
$1,931
Property Taxes
15%
$626
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468