This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $99,354 initial cash invested.
2.37%
Cash On Cash
7.77%
Cap Rate
1.18
DSCR
$4,876
Rent
$196
Cashflow
Cash Flow
$4,876 income − $4,680 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,354
Downpayment
20%
$77,480
Closing costs
1%
$3,874
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,876
Total Expenses
$4,680
Mortgage P&I
43%
$2,116
Property Taxes
4%
$196
Home Insurance
3%
$128
HOA
12%
$583
Property Management
12%
$585
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$536