This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $93,558 initial cash invested.
4.69%
Cash On Cash
7.72%
Cap Rate
1.29
DSCR
$4,026
Rent
$366
Cashflow
Cash Flow
$4,026 income − $3,660 expenses = $366 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,558
Downpayment
20%
$71,960
Closing costs
1%
$3,598
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,026
Total Expenses
$3,660
Mortgage P&I
44%
$1,788
Property Taxes
9%
$375
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443