This property might be a fair Mid-Term investment with a projected 5.56% first-year return on $97,485 initial cash invested.
5.56%
Cash On Cash
8.56%
Cap Rate
1.31
DSCR
$4,786
Rent
$452
Cashflow
Cash Flow
$4,786 income − $4,334 expenses = $452 cash flow
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,485
Downpayment
20%
$75,700
Closing costs
1%
$3,785
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,786
Total Expenses
$4,334
Mortgage P&I
43%
$2,056
Property Taxes
11%
$514
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$574
CapEx
4%
$191
Vacancy
3%
$144
Maintenance
4%
$191
Other
11%
$526