This property might be a fair Mid-Term investment with a projected 4.45% first-year return on $91,479 initial cash invested.
4.45%
Cash On Cash
8.49%
Cap Rate
1.26
DSCR
$4,132
Rent
$339
Cashflow
Cash Flow
$4,132 income − $3,793 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,132
Total Expenses
$3,793
Mortgage P&I
48%
$1,971
Property Taxes
7%
$295
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455