This property might be a fair Mid-Term investment with a projected 3.42% first-year return on $92,382 initial cash invested.
3.42%
Cash On Cash
7.68%
Cap Rate
1.23
DSCR
$4,100
Rent
$263
Cashflow
Cash Flow
$4,100 income − $3,837 expenses = $263 cash flow
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,382
Downpayment
20%
$70,840
Closing costs
1%
$3,542
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,100
Total Expenses
$3,837
Mortgage P&I
45%
$1,841
Property Taxes
12%
$478
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451