This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $93,768 initial cash invested.
2.34%
Cash On Cash
7.65%
Cap Rate
1.17
DSCR
$3,914
Rent
$183
Cashflow
Cash Flow
$3,914 income − $3,731 expenses = $183 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,768
Downpayment
20%
$72,160
Closing costs
1%
$3,608
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,914
Total Expenses
$3,731
Mortgage P&I
50%
$1,961
Property Taxes
6%
$246
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$117
Maintenance
4%
$157
Other
11%
$431