This property might be a fair Mid-Term investment with a projected 3.51% first-year return on $96,204 initial cash invested.
3.51%
Cash On Cash
8.02%
Cap Rate
1.21
DSCR
$3,944
Rent
$281
Cashflow
Cash Flow
$3,944 income − $3,663 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,204
Downpayment
20%
$74,480
Closing costs
1%
$3,724
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,944
Total Expenses
$3,663
Mortgage P&I
52%
$2,051
Property Taxes
3%
$133
Home Insurance
3%
$133
HOA
0%
$5
Property Management
12%
$473
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$434