This property might be a fair Mid-Term investment with a projected 2.21% first-year return on $95,994 initial cash invested.
2.21%
Cash On Cash
7.59%
Cap Rate
1.18
DSCR
$4,448
Rent
$177
Cashflow
Cash Flow
$4,448 income − $4,271 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$371k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,994
Downpayment
20%
$74,280
Closing costs
1%
$3,714
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,448
Total Expenses
$4,271
Mortgage P&I
45%
$1,993
Property Taxes
11%
$501
Home Insurance
3%
$140
HOA
3%
$125
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489