This property might be a fair Mid-Term investment with a projected 5.05% first-year return on $95,490 initial cash invested.
5.05%
Cash On Cash
8.52%
Cap Rate
1.28
DSCR
$4,352
Rent
$402
Cashflow
Cash Flow
$4,352 income − $3,950 expenses = $402 cash flow
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,352
Total Expenses
$3,950
Mortgage P&I
47%
$2,045
Property Taxes
7%
$296
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479