This property might be a fair Mid-Term investment with a projected 8.78% first-year return on $98,598 initial cash invested.
8.78%
Cash On Cash
8.96%
Cap Rate
1.46
DSCR
$4,658
Rent
$721
Cashflow
Cash Flow
$4,658 income − $3,937 expenses = $721 cash flow
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,598
Downpayment
20%
$76,760
Closing costs
1%
$3,838
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,658
Total Expenses
$3,937
Mortgage P&I
42%
$1,959
Property Taxes
6%
$264
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$559
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512