This property might be a fair Mid-Term investment with a projected 6.42% first-year return on $94,755 initial cash invested.
6.42%
Cash On Cash
9%
Cap Rate
1.35
DSCR
$4,953
Rent
$507
Cashflow
Cash Flow
$4,953 income − $4,446 expenses = $507 cash flow
Investment Breakdown
|
Purchase Price
$366k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,755
Downpayment
20%
$73,100
Closing costs
1%
$3,655
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,953
Total Expenses
$4,446
Mortgage P&I
41%
$2,037
Property Taxes
12%
$587
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$594
CapEx
4%
$198
Vacancy
3%
$149
Maintenance
4%
$198
Other
11%
$545