This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $96,309 initial cash invested.
5.33%
Cash On Cash
8.67%
Cap Rate
1.3
DSCR
$4,905
Rent
$428
Cashflow
Cash Flow
$4,905 income − $4,477 expenses = $428 cash flow
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,309
Downpayment
20%
$74,580
Closing costs
1%
$3,729
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,905
Total Expenses
$4,477
Mortgage P&I
42%
$2,069
Property Taxes
12%
$586
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$589
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$540