This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $91,500 initial cash invested.
4.39%
Cash On Cash
8.33%
Cap Rate
1.27
DSCR
$4,592
Rent
$335
Cashflow
Cash Flow
$4,592 income − $4,257 expenses = $335 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,592
Total Expenses
$4,257
Mortgage P&I
42%
$1,910
Property Taxes
14%
$663
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505