This property might be a fair Mid-Term investment with a projected 6.94% first-year return on $95,490 initial cash invested.
6.94%
Cash On Cash
8.6%
Cap Rate
1.39
DSCR
$4,744
Rent
$552
Cashflow
Cash Flow
$4,744 income − $4,192 expenses = $552 cash flow
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,744
Total Expenses
$4,192
Mortgage P&I
40%
$1,903
Property Taxes
12%
$547
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$569
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522