This property might be a fair Mid-Term investment with a projected 8.37% first-year return on $97,779 initial cash invested.
8.37%
Cash On Cash
8.93%
Cap Rate
1.44
DSCR
$4,449
Rent
$682
Cashflow
Cash Flow
$4,449 income − $3,767 expenses = $682 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,449
Total Expenses
$3,767
Mortgage P&I
44%
$1,966
Property Taxes
4%
$156
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489