This property might be a fair Mid-Term investment with a projected 3.59% first-year return on $98,010 initial cash invested.
3.59%
Cash On Cash
7.89%
Cap Rate
1.23
DSCR
$4,329
Rent
$293
Cashflow
Cash Flow
$4,329 income − $4,036 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,010
Downpayment
20%
$76,200
Closing costs
1%
$3,810
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,329
Total Expenses
$4,036
Mortgage P&I
47%
$2,040
Property Taxes
9%
$389
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476