This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $96,477 initial cash invested.
4.17%
Cash On Cash
7.91%
Cap Rate
1.25
DSCR
$4,116
Rent
$335
Cashflow
Cash Flow
$4,116 income − $3,781 expenses = $335 cash flow
Investment Breakdown
|
Purchase Price
$374k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,477
Downpayment
20%
$74,740
Closing costs
1%
$3,737
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,116
Total Expenses
$3,781
Mortgage P&I
48%
$1,964
Property Taxes
7%
$286
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$123
Maintenance
4%
$165
Other
11%
$453