This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $91,689 initial cash invested.
3.23%
Cash On Cash
8.13%
Cap Rate
1.21
DSCR
$4,222
Rent
$247
Cashflow
Cash Flow
$4,222 income − $3,975 expenses = $247 cash flow
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,689
Downpayment
20%
$70,180
Closing costs
1%
$3,509
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,222
Total Expenses
$3,975
Mortgage P&I
46%
$1,961
Property Taxes
10%
$419
Home Insurance
3%
$126
HOA
1%
$33
Property Management
12%
$507
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$464