This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $95,763 initial cash invested.
1.92%
Cash On Cash
7.04%
Cap Rate
1.17
DSCR
$4,112
Rent
$153
Cashflow
Cash Flow
$4,112 income − $3,959 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,763
Downpayment
20%
$74,060
Closing costs
1%
$3,703
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,112
Total Expenses
$3,959
Mortgage P&I
45%
$1,855
Property Taxes
14%
$575
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452