This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $95,280 initial cash invested.
2.12%
Cash On Cash
7.84%
Cap Rate
1.17
DSCR
$4,480
Rent
$168
Cashflow
Cash Flow
$4,480 income − $4,312 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$368k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,280
Downpayment
20%
$73,600
Closing costs
1%
$3,680
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,480
Total Expenses
$4,312
Mortgage P&I
46%
$2,058
Property Taxes
13%
$602
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493