This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $98,199 initial cash invested.
2.47%
Cash On Cash
7.83%
Cap Rate
1.18
DSCR
$4,614
Rent
$202
Cashflow
Cash Flow
$4,614 income − $4,412 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,199
Downpayment
20%
$76,380
Closing costs
1%
$3,819
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,614
Total Expenses
$4,412
Mortgage P&I
46%
$2,105
Property Taxes
13%
$591
Home Insurance
3%
$138
HOA
0%
$8
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$138
Maintenance
4%
$185
Other
11%
$508