This property might be a fair Mid-Term investment with a projected 6.76% first-year return on $99,270 initial cash invested.
6.76%
Cash On Cash
8.49%
Cap Rate
1.37
DSCR
$4,635
Rent
$559
Cashflow
Cash Flow
$4,635 income − $4,076 expenses = $559 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,270
Downpayment
20%
$77,400
Closing costs
1%
$3,870
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,635
Total Expenses
$4,076
Mortgage P&I
43%
$1,994
Property Taxes
9%
$397
Home Insurance
2%
$110
HOA
0%
$0
Property Management
12%
$556
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$510