This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $98,850 initial cash invested.
5.23%
Cash On Cash
8.43%
Cap Rate
1.29
DSCR
$4,296
Rent
$431
Cashflow
Cash Flow
$4,296 income − $3,865 expenses = $431 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,296
Total Expenses
$3,865
Mortgage P&I
49%
$2,101
Property Taxes
4%
$167
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473