This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $97,149 initial cash invested.
3.06%
Cash On Cash
7.48%
Cap Rate
1.22
DSCR
$4,400
Rent
$248
Cashflow
Cash Flow
$4,400 income − $4,152 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,149
Downpayment
20%
$75,380
Closing costs
1%
$3,769
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,400
Total Expenses
$4,152
Mortgage P&I
44%
$1,926
Property Taxes
14%
$597
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484