This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $95,763 initial cash invested.
3.23%
Cash On Cash
7.88%
Cap Rate
1.22
DSCR
$4,356
Rent
$258
Cashflow
Cash Flow
$4,356 income − $4,098 expenses = $258 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,763
Downpayment
20%
$74,060
Closing costs
1%
$3,703
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,356
Total Expenses
$4,098
Mortgage P&I
46%
$2,000
Property Taxes
12%
$512
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$523
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479