This property might be a fair Mid-Term investment with a projected 6.02% first-year return on $91,353 initial cash invested.
6.02%
Cash On Cash
8.47%
Cap Rate
1.34
DSCR
$4,202
Rent
$458
Cashflow
Cash Flow
$4,202 income − $3,744 expenses = $458 cash flow
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,353
Downpayment
20%
$69,860
Closing costs
1%
$3,493
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,202
Total Expenses
$3,744
Mortgage P&I
44%
$1,840
Property Taxes
9%
$362
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462