This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $98,934 initial cash invested.
3.23%
Cash On Cash
7.99%
Cap Rate
1.21
DSCR
$4,294
Rent
$266
Cashflow
Cash Flow
$4,294 income − $4,028 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,934
Downpayment
20%
$77,080
Closing costs
1%
$3,854
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,294
Total Expenses
$4,028
Mortgage P&I
50%
$2,129
Property Taxes
7%
$303
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472