This property might be a fair Mid-Term investment with a projected 9.79% first-year return on $98,031 initial cash invested.
9.79%
Cash On Cash
9.34%
Cap Rate
1.5
DSCR
$4,686
Rent
$800
Cashflow
Cash Flow
$4,686 income − $3,886 expenses = $800 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,031
Downpayment
20%
$76,220
Closing costs
1%
$3,811
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,686
Total Expenses
$3,886
Mortgage P&I
42%
$1,979
Property Taxes
4%
$175
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$562
CapEx
4%
$187
Vacancy
3%
$141
Maintenance
4%
$187
Other
11%
$515