This property might be a fair Mid-Term investment with a projected 4.85% first-year return on $91,143 initial cash invested.
4.85%
Cash On Cash
8.4%
Cap Rate
1.28
DSCR
$4,146
Rent
$368
Cashflow
Cash Flow
$4,146 income − $3,778 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,143
Downpayment
20%
$69,660
Closing costs
1%
$3,483
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,146
Total Expenses
$3,778
Mortgage P&I
46%
$1,905
Property Taxes
8%
$339
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456