This property might be a fair Mid-Term investment with a projected 4.16% first-year return on $96,141 initial cash invested.
4.16%
Cash On Cash
8.17%
Cap Rate
1.25
DSCR
$4,240
Rent
$333
Cashflow
Cash Flow
$4,240 income − $3,907 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,141
Downpayment
20%
$74,420
Closing costs
1%
$3,721
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,240
Total Expenses
$3,907
Mortgage P&I
48%
$2,031
Property Taxes
7%
$306
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$466