This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $93,432 initial cash invested.
5.32%
Cash On Cash
8.35%
Cap Rate
1.3
DSCR
$4,227
Rent
$414
Cashflow
Cash Flow
$4,227 income − $3,813 expenses = $414 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.0%
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
$4,227
Total Expenses
$3,813
Mortgage P&I
45%
$1,915
Property Taxes
8%
$333
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$507
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$465