This property might be a fair Mid-Term investment with a projected 6.14% first-year return on $94,419 initial cash invested.
6.14%
Cash On Cash
8.24%
Cap Rate
1.35
DSCR
$4,281
Rent
$483
Cashflow
Cash Flow
$4,281 income − $3,798 expenses = $483 cash flow
Investment Breakdown
|
Purchase Price
$364k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,419
Downpayment
20%
$72,780
Closing costs
1%
$3,639
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,281
Total Expenses
$3,798
Mortgage P&I
43%
$1,846
Property Taxes
9%
$392
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$514
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$471