This property might be a fair Mid-Term investment with a projected 5.78% first-year return on $94,923 initial cash invested.
5.78%
Cash On Cash
8.24%
Cap Rate
1.34
DSCR
$4,468
Rent
$457
Cashflow
Cash Flow
$4,468 income − $4,011 expenses = $457 cash flow
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,923
Downpayment
20%
$73,260
Closing costs
1%
$3,663
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,468
Total Expenses
$4,011
Mortgage P&I
42%
$1,879
Property Taxes
11%
$480
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$536
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$491