This property might be a fair Mid-Term investment with a projected 3.7% first-year return on $92,739 initial cash invested.
3.7%
Cash On Cash
8.17%
Cap Rate
1.23
DSCR
$4,052
Rent
$286
Cashflow
Cash Flow
$4,052 income − $3,766 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,739
Downpayment
20%
$71,180
Closing costs
1%
$3,559
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,052
Total Expenses
$3,766
Mortgage P&I
49%
$1,974
Property Taxes
7%
$281
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446