This property might be a fair Mid-Term investment with a projected 3.29% first-year return on $98,409 initial cash invested.
3.29%
Cash On Cash
7.61%
Cap Rate
1.22
DSCR
$4,204
Rent
$270
Cashflow
Cash Flow
$4,204 income − $3,934 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,409
Downpayment
20%
$76,580
Closing costs
1%
$3,829
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,204
Total Expenses
$3,934
Mortgage P&I
47%
$1,989
Property Taxes
9%
$381
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462