This property might be a fair Mid-Term investment with a projected 1.76% first-year return on $95,490 initial cash invested.
1.76%
Cash On Cash
7.54%
Cap Rate
1.15
DSCR
$4,011
Rent
$140
Cashflow
Cash Flow
$4,011 income − $3,871 expenses = $140 cash flow
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,011
Total Expenses
$3,871
Mortgage P&I
50%
$2,020
Property Taxes
9%
$360
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441