This property might be a fair Mid-Term investment with a projected 9.47% first-year return on $93,159 initial cash invested.
9.47%
Cash On Cash
9.2%
Cap Rate
1.51
DSCR
$4,912
Rent
$735
Cashflow
Cash Flow
$4,912 income − $4,177 expenses = $735 cash flow
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,159
Downpayment
20%
$71,580
Closing costs
1%
$3,579
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,912
Total Expenses
$4,177
Mortgage P&I
37%
$1,812
Property Taxes
12%
$572
Home Insurance
3%
$125
HOA
0%
$0
Property Management
12%
$589
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$540