This property might be a fair Mid-Term investment with a projected 4.96% first-year return on $90,450 initial cash invested.
4.96%
Cash On Cash
8.48%
Cap Rate
1.28
DSCR
$4,082
Rent
$374
Cashflow
Cash Flow
$4,082 income − $3,708 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,450
Downpayment
20%
$69,000
Closing costs
1%
$3,450
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,082
Total Expenses
$3,708
Mortgage P&I
47%
$1,901
Property Taxes
7%
$299
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449