This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $95,784 initial cash invested.
3.61%
Cash On Cash
7.61%
Cap Rate
1.23
DSCR
$3,668
Rent
$288
Cashflow
Cash Flow
$3,668 income − $3,380 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,784
Downpayment
20%
$74,080
Closing costs
1%
$3,704
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,668
Total Expenses
$3,380
Mortgage P&I
52%
$1,913
Property Taxes
2%
$87
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$403