This property might be a fair Mid-Term investment with a projected 5.66% first-year return on $92,193 initial cash invested.
5.66%
Cash On Cash
8.52%
Cap Rate
1.33
DSCR
$4,604
Rent
$435
Cashflow
Cash Flow
$4,604 income − $4,169 expenses = $435 cash flow
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,193
Downpayment
20%
$70,660
Closing costs
1%
$3,533
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,604
Total Expenses
$4,169
Mortgage P&I
41%
$1,890
Property Taxes
13%
$593
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$552
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$506