This property might be a fair Mid-Term investment with a projected 3.42% first-year return on $99,900 initial cash invested.
3.42%
Cash On Cash
8.12%
Cap Rate
1.22
DSCR
$4,708
Rent
$285
Cashflow
Cash Flow
$4,708 income − $4,423 expenses = $285 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,708
Total Expenses
$4,423
Mortgage P&I
46%
$2,166
Property Taxes
11%
$521
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518