This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $98,199 initial cash invested.
3.19%
Cash On Cash
7.88%
Cap Rate
1.21
DSCR
$4,239
Rent
$261
Cashflow
Cash Flow
$4,239 income − $3,978 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,239
Total Expenses
$3,978
Mortgage P&I
49%
$2,078
Property Taxes
8%
$322
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$466