This property might be a fair Mid-Term investment with a projected 9.28% first-year return on $94,692 initial cash invested.
9.28%
Cash On Cash
9.18%
Cap Rate
1.49
DSCR
$4,580
Rent
$732
Cashflow
Cash Flow
$4,580 income − $3,848 expenses = $732 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,692
Downpayment
20%
$73,040
Closing costs
1%
$3,652
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,580
Total Expenses
$3,848
Mortgage P&I
41%
$1,880
Property Taxes
6%
$275
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$550
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$504