This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $98,409 initial cash invested.
2.12%
Cash On Cash
7.66%
Cap Rate
1.17
DSCR
$4,734
Rent
$174
Cashflow
Cash Flow
$4,734 income − $4,560 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,409
Downpayment
20%
$76,580
Closing costs
1%
$3,829
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,734
Total Expenses
$4,560
Mortgage P&I
44%
$2,082
Property Taxes
15%
$729
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$521