This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $95,427 initial cash invested.
4.2%
Cash On Cash
7.7%
Cap Rate
1.27
DSCR
$4,095
Rent
$334
Cashflow
Cash Flow
$4,095 income − $3,761 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,427
Downpayment
20%
$73,740
Closing costs
1%
$3,687
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,095
Total Expenses
$3,761
Mortgage P&I
46%
$1,868
Property Taxes
9%
$368
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450