This property might be a fair Mid-Term investment with a projected 6.78% first-year return on $94,041 initial cash invested.
6.78%
Cash On Cash
8.78%
Cap Rate
1.36
DSCR
$4,150
Rent
$531
Cashflow
Cash Flow
$4,150 income − $3,619 expenses = $531 cash flow
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,041
Downpayment
20%
$72,420
Closing costs
1%
$3,621
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,150
Total Expenses
$3,619
Mortgage P&I
47%
$1,951
Property Taxes
3%
$136
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456