This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $91,479 initial cash invested.
3.86%
Cash On Cash
7.8%
Cap Rate
1.25
DSCR
$4,005
Rent
$294
Cashflow
Cash Flow
$4,005 income − $3,711 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.8%
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
$4,005
Total Expenses
$3,711
Mortgage P&I
45%
$1,820
Property Taxes
10%
$407
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441