This property might be a fair Mid-Term investment with a projected 9.32% first-year return on $92,277 initial cash invested.
9.32%
Cash On Cash
8.95%
Cap Rate
1.5
DSCR
$4,038
Rent
$717
Cashflow
Cash Flow
$4,038 income − $3,321 expenses = $717 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,277
Downpayment
20%
$70,740
Closing costs
1%
$3,537
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,038
Total Expenses
$3,321
Mortgage P&I
44%
$1,758
Property Taxes
2%
$63
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$485
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$444