This property might be a fair Mid-Term investment with a projected 4.4% first-year return on $98,409 initial cash invested.
4.4%
Cash On Cash
8.29%
Cap Rate
1.25
DSCR
$3,990
Rent
$361
Cashflow
Cash Flow
$3,990 income − $3,629 expenses = $361 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,409
Downpayment
20%
$76,580
Closing costs
1%
$3,829
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,990
Total Expenses
$3,629
Mortgage P&I
53%
$2,124
Property Taxes
0%
$13
Home Insurance
3%
$134
HOA
0%
$0
Property Management
12%
$479
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$439