This property might be a fair Mid-Term investment with a projected 6.74% first-year return on $91,626 initial cash invested.
6.74%
Cash On Cash
8.84%
Cap Rate
1.37
DSCR
$4,426
Rent
$515
Cashflow
Cash Flow
$4,426 income − $3,911 expenses = $515 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,626
Downpayment
20%
$70,120
Closing costs
1%
$3,506
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,426
Total Expenses
$3,911
Mortgage P&I
43%
$1,892
Property Taxes
9%
$392
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487