This property might be a fair Mid-Term investment with a projected 5.56% first-year return on $99,795 initial cash invested.
5.56%
Cash On Cash
8.04%
Cap Rate
1.32
DSCR
$4,338
Rent
$462
Cashflow
Cash Flow
$4,338 income − $3,876 expenses = $462 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,795
Downpayment
20%
$77,900
Closing costs
1%
$3,895
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,338
Total Expenses
$3,876
Mortgage P&I
46%
$1,975
Property Taxes
7%
$285
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$477