This property might be a fair Mid-Term investment with a projected 5.89% first-year return on $93,579 initial cash invested.
5.89%
Cash On Cash
8.62%
Cap Rate
1.32
DSCR
$4,191
Rent
$459
Cashflow
Cash Flow
$4,191 income − $3,732 expenses = $459 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,579
Downpayment
20%
$71,980
Closing costs
1%
$3,599
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,191
Total Expenses
$3,732
Mortgage P&I
47%
$1,959
Property Taxes
5%
$221
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461