This property might be a fair Mid-Term investment with a projected 3.26% first-year return on $94,167 initial cash invested.
3.26%
Cash On Cash
7.94%
Cap Rate
1.22
DSCR
$4,550
Rent
$256
Cashflow
Cash Flow
$4,550 income − $4,294 expenses = $256 cash flow
Investment Breakdown
|
Purchase Price
$363k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,167
Downpayment
20%
$72,540
Closing costs
1%
$3,627
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,550
Total Expenses
$4,294
Mortgage P&I
43%
$1,962
Property Taxes
15%
$690
Home Insurance
2%
$96
HOA
0%
$0
Property Management
12%
$546
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$500