This property might be a fair Mid-Term investment with a projected 9.5% first-year return on $93,579 initial cash invested.
9.5%
Cash On Cash
9.6%
Cap Rate
1.47
DSCR
$4,608
Rent
$741
Cashflow
Cash Flow
$4,608 income − $3,867 expenses = $741 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
$4,608
Total Expenses
$3,867
Mortgage P&I
42%
$1,954
Property Taxes
5%
$221
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$553
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$507