This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $95,763 initial cash invested.
3.43%
Cash On Cash
7.6%
Cap Rate
1.22
DSCR
$3,783
Rent
$274
Cashflow
Cash Flow
$3,783 income − $3,509 expenses = $274 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,763
Downpayment
20%
$74,060
Closing costs
1%
$3,703
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,783
Total Expenses
$3,509
Mortgage P&I
51%
$1,921
Property Taxes
4%
$139
Home Insurance
3%
$131
HOA
1%
$33
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416