This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $99,858 initial cash invested.
4.98%
Cash On Cash
7.96%
Cap Rate
1.3
DSCR
$4,554
Rent
$414
Cashflow
Cash Flow
$4,554 income − $4,140 expenses = $414 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,858
Downpayment
20%
$77,960
Closing costs
1%
$3,898
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,554
Total Expenses
$4,140
Mortgage P&I
44%
$1,991
Property Taxes
10%
$454
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$546
CapEx
4%
$182
Vacancy
3%
$137
Maintenance
4%
$182
Other
11%
$501