This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $97,779 initial cash invested.
3.64%
Cash On Cash
7.55%
Cap Rate
1.24
DSCR
$4,172
Rent
$297
Cashflow
Cash Flow
$4,172 income − $3,875 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,779
Downpayment
20%
$75,980
Closing costs
1%
$3,799
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,172
Total Expenses
$3,875
Mortgage P&I
46%
$1,927
Property Taxes
9%
$396
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459