This property might be a fair Mid-Term investment with a projected 7.59% first-year return on $97,674 initial cash invested.
7.59%
Cash On Cash
9.08%
Cap Rate
1.39
DSCR
$4,854
Rent
$618
Cashflow
Cash Flow
$4,854 income − $4,236 expenses = $618 cash flow
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,674
Downpayment
20%
$75,880
Closing costs
1%
$3,794
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,854
Total Expenses
$4,236
Mortgage P&I
42%
$2,059
Property Taxes
8%
$387
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$582
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$534