This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $94,713 initial cash invested.
4.02%
Cash On Cash
7.69%
Cap Rate
1.27
DSCR
$4,419
Rent
$317
Cashflow
Cash Flow
$4,419 income − $4,102 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,713
Downpayment
20%
$73,060
Closing costs
1%
$3,653
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,419
Total Expenses
$4,102
Mortgage P&I
42%
$1,847
Property Taxes
14%
$622
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$530
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$486