This property might be a fair Mid-Term investment with a projected 3.62% first-year return on $98,346 initial cash invested.
3.62%
Cash On Cash
8.13%
Cap Rate
1.22
DSCR
$4,340
Rent
$297
Cashflow
Cash Flow
$4,340 income − $4,043 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,346
Downpayment
20%
$76,520
Closing costs
1%
$3,826
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,340
Total Expenses
$4,043
Mortgage P&I
49%
$2,122
Property Taxes
7%
$309
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$477