This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $95,700 initial cash invested.
4.56%
Cash On Cash
8.43%
Cap Rate
1.26
DSCR
$4,350
Rent
$364
Cashflow
Cash Flow
$4,350 income − $3,986 expenses = $364 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,700
Downpayment
20%
$74,000
Closing costs
1%
$3,700
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,350
Total Expenses
$3,986
Mortgage P&I
47%
$2,061
Property Taxes
7%
$317
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478