This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $91,752 initial cash invested.
5.23%
Cash On Cash
8.2%
Cap Rate
1.31
DSCR
$4,074
Rent
$400
Cashflow
Cash Flow
$4,074 income − $3,674 expenses = $400 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,752
Downpayment
20%
$70,240
Closing costs
1%
$3,512
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,074
Total Expenses
$3,674
Mortgage P&I
45%
$1,838
Property Taxes
8%
$329
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448