This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $93,390 initial cash invested.
4.09%
Cash On Cash
7.87%
Cap Rate
1.25
DSCR
$3,946
Rent
$318
Cashflow
Cash Flow
$3,946 income − $3,628 expenses = $318 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,390
Downpayment
20%
$71,800
Closing costs
1%
$3,590
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,946
Total Expenses
$3,628
Mortgage P&I
48%
$1,877
Property Taxes
7%
$260
Home Insurance
3%
$126
HOA
1%
$23
Property Management
12%
$474
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$434