This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $91,752 initial cash invested.
3.94%
Cash On Cash
8.32%
Cap Rate
1.23
DSCR
$3,826
Rent
$301
Cashflow
Cash Flow
$3,826 income − $3,525 expenses = $301 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,752
Downpayment
20%
$70,240
Closing costs
1%
$3,512
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,826
Total Expenses
$3,525
Mortgage P&I
52%
$1,982
Property Taxes
3%
$116
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421