This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $91,605 initial cash invested.
4.49%
Cash On Cash
8.32%
Cap Rate
1.26
DSCR
$4,136
Rent
$343
Cashflow
Cash Flow
$4,136 income − $3,793 expenses = $343 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,605
Downpayment
20%
$70,100
Closing costs
1%
$3,505
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,136
Total Expenses
$3,793
Mortgage P&I
46%
$1,922
Property Taxes
8%
$344
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455