This property might be a fair Mid-Term investment with a projected 6.33% first-year return on $93,432 initial cash invested.
6.33%
Cash On Cash
8.82%
Cap Rate
1.35
DSCR
$4,659
Rent
$493
Cashflow
Cash Flow
$4,659 income − $4,166 expenses = $493 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,432
Downpayment
20%
$71,840
Closing costs
1%
$3,592
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,659
Total Expenses
$4,166
Mortgage P&I
42%
$1,960
Property Taxes
10%
$476
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$559
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512