This property might be a fair Mid-Term investment with a projected 6.49% first-year return on $93,495 initial cash invested.
6.49%
Cash On Cash
8.46%
Cap Rate
1.37
DSCR
$4,294
Rent
$506
Cashflow
Cash Flow
$4,294 income − $3,788 expenses = $506 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,495
Downpayment
20%
$71,900
Closing costs
1%
$3,595
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,294
Total Expenses
$3,788
Mortgage P&I
43%
$1,857
Property Taxes
8%
$345
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472