This property might be a fair Mid-Term investment with a projected 4.77% first-year return on $99,879 initial cash invested.
4.77%
Cash On Cash
7.85%
Cap Rate
1.29
DSCR
$4,250
Rent
$397
Cashflow
Cash Flow
$4,250 income − $3,853 expenses = $397 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,879
Downpayment
20%
$77,980
Closing costs
1%
$3,899
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,250
Total Expenses
$3,853
Mortgage P&I
47%
$1,983
Property Taxes
7%
$288
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468