This property might be a fair Mid-Term investment with a projected 4.41% first-year return on $98,010 initial cash invested.
4.41%
Cash On Cash
8.2%
Cap Rate
1.25
DSCR
$4,098
Rent
$360
Cashflow
Cash Flow
$4,098 income − $3,738 expenses = $360 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,010
Downpayment
20%
$76,200
Closing costs
1%
$3,810
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,098
Total Expenses
$3,738
Mortgage P&I
51%
$2,081
Property Taxes
3%
$127
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451