This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $97,947 initial cash invested.
3.04%
Cash On Cash
7.54%
Cap Rate
1.21
DSCR
$4,149
Rent
$248
Cashflow
Cash Flow
$4,149 income − $3,901 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,947
Downpayment
20%
$76,140
Closing costs
1%
$3,807
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,149
Total Expenses
$3,901
Mortgage P&I
48%
$1,977
Property Taxes
8%
$344
Home Insurance
4%
$170
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456