This property might be a fair Mid-Term investment with a projected 5.58% first-year return on $95,028 initial cash invested.
5.58%
Cash On Cash
8.39%
Cap Rate
1.31
DSCR
$4,005
Rent
$442
Cashflow
Cash Flow
$4,005 income − $3,563 expenses = $442 cash flow
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,028
Downpayment
20%
$73,360
Closing costs
1%
$3,668
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,005
Total Expenses
$3,563
Mortgage P&I
49%
$1,964
Property Taxes
3%
$101
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441