This property might be a fair Mid-Term investment with a projected 9.09% first-year return on $93,957 initial cash invested.
9.09%
Cash On Cash
9.69%
Cap Rate
1.45
DSCR
$4,696
Rent
$712
Cashflow
Cash Flow
$4,696 income − $3,984 expenses = $712 cash flow
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,957
Downpayment
20%
$72,340
Closing costs
1%
$3,617
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,696
Total Expenses
$3,984
Mortgage P&I
43%
$2,021
Property Taxes
5%
$236
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517