This property might be a fair Mid-Term investment with a projected 7.64% first-year return on $91,584 initial cash invested.
7.64%
Cash On Cash
8.67%
Cap Rate
1.42
DSCR
$4,168
Rent
$583
Cashflow
Cash Flow
$4,168 income − $3,585 expenses = $583 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,584
Downpayment
20%
$70,080
Closing costs
1%
$3,504
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,168
Total Expenses
$3,585
Mortgage P&I
43%
$1,781
Property Taxes
6%
$268
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458