This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $95,658 initial cash invested.
2.41%
Cash On Cash
7.73%
Cap Rate
1.18
DSCR
$4,503
Rent
$192
Cashflow
Cash Flow
$4,503 income − $4,311 expenses = $192 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,658
Downpayment
20%
$73,960
Closing costs
1%
$3,698
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,503
Total Expenses
$4,311
Mortgage P&I
45%
$2,011
Property Taxes
14%
$639
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495