This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $99,900 initial cash invested.
3.06%
Cash On Cash
8.1%
Cap Rate
1.2
DSCR
$4,538
Rent
$255
Cashflow
Cash Flow
$4,538 income − $4,283 expenses = $255 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,538
Total Expenses
$4,283
Mortgage P&I
48%
$2,197
Property Taxes
9%
$406
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$499