This property might be a fair Mid-Term investment with a projected 2.36% first-year return on $99,270 initial cash invested.
2.36%
Cash On Cash
7.32%
Cap Rate
1.18
DSCR
$3,932
Rent
$195
Cashflow
Cash Flow
$3,932 income − $3,737 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,270
Downpayment
20%
$77,400
Closing costs
1%
$3,870
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,932
Total Expenses
$3,737
Mortgage P&I
51%
$2,008
Property Taxes
4%
$170
Home Insurance
3%
$136
HOA
2%
$86
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433