This property might be a fair Mid-Term investment with a projected 1.91% first-year return on $96,519 initial cash invested.
1.91%
Cash On Cash
7.66%
Cap Rate
1.15
DSCR
$3,920
Rent
$154
Cashflow
Cash Flow
$3,920 income − $3,766 expenses = $154 cash flow
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,519
Downpayment
20%
$74,780
Closing costs
1%
$3,739
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,920
Total Expenses
$3,766
Mortgage P&I
53%
$2,076
Property Taxes
6%
$226
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431