This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $96,456 initial cash invested.
2.46%
Cash On Cash
7.89%
Cap Rate
1.19
DSCR
$4,660
Rent
$198
Cashflow
Cash Flow
$4,660 income − $4,462 expenses = $198 cash flow
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,456
Downpayment
20%
$74,720
Closing costs
1%
$3,736
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,660
Total Expenses
$4,462
Mortgage P&I
44%
$2,072
Property Taxes
15%
$692
Home Insurance
2%
$114
HOA
0%
$0
Property Management
12%
$559
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$513