This property might be a fair Mid-Term investment with a projected 8.73% first-year return on $92,340 initial cash invested.
8.73%
Cash On Cash
9.59%
Cap Rate
1.43
DSCR
$4,444
Rent
$672
Cashflow
Cash Flow
$4,444 income − $3,772 expenses = $672 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,340
Downpayment
20%
$70,800
Closing costs
1%
$3,540
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,444
Total Expenses
$3,772
Mortgage P&I
45%
$1,978
Property Taxes
4%
$157
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489