This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $91,164 initial cash invested.
3.69%
Cash On Cash
8.05%
Cap Rate
1.22
DSCR
$3,718
Rent
$280
Cashflow
Cash Flow
$3,718 income − $3,438 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,164
Downpayment
20%
$69,680
Closing costs
1%
$3,484
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,718
Total Expenses
$3,438
Mortgage P&I
51%
$1,907
Property Taxes
3%
$124
Home Insurance
4%
$142
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409