This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $98,661 initial cash invested.
4.15%
Cash On Cash
8.01%
Cap Rate
1.24
DSCR
$4,026
Rent
$341
Cashflow
Cash Flow
$4,026 income − $3,685 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,661
Downpayment
20%
$76,820
Closing costs
1%
$3,841
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,026
Total Expenses
$3,685
Mortgage P&I
51%
$2,062
Property Taxes
3%
$114
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443