This property might be a fair Mid-Term investment with a projected 4.92% first-year return on $91,164 initial cash invested.
4.92%
Cash On Cash
8.27%
Cap Rate
1.28
DSCR
$3,868
Rent
$374
Cashflow
Cash Flow
$3,868 income − $3,494 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,164
Downpayment
20%
$69,680
Closing costs
1%
$3,484
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,868
Total Expenses
$3,494
Mortgage P&I
48%
$1,871
Property Taxes
4%
$153
Home Insurance
4%
$140
HOA
0%
$15
Property Management
12%
$464
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$425