This property might be a fair Mid-Term investment with a projected 7.52% first-year return on $99,900 initial cash invested.
7.52%
Cash On Cash
8.71%
Cap Rate
1.41
DSCR
$4,803
Rent
$626
Cashflow
Cash Flow
$4,803 income − $4,177 expenses = $626 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,803
Total Expenses
$4,177
Mortgage P&I
42%
$2,014
Property Taxes
8%
$395
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528