This property might be a fair Mid-Term investment with a projected 5.03% first-year return on $98,010 initial cash invested.
5.03%
Cash On Cash
8.07%
Cap Rate
1.29
DSCR
$4,311
Rent
$411
Cashflow
Cash Flow
$4,311 income − $3,900 expenses = $411 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,010
Downpayment
20%
$76,200
Closing costs
1%
$3,810
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,311
Total Expenses
$3,900
Mortgage P&I
46%
$1,980
Property Taxes
7%
$320
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$517
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$474