This property might be a fair Mid-Term investment with a projected 8.97% first-year return on $94,734 initial cash invested.
8.97%
Cash On Cash
9.51%
Cap Rate
1.44
DSCR
$4,448
Rent
$708
Cashflow
Cash Flow
$4,448 income − $3,740 expenses = $708 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,734
Downpayment
20%
$73,080
Closing costs
1%
$3,654
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,448
Total Expenses
$3,740
Mortgage P&I
45%
$2,009
Property Taxes
2%
$93
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489