This property might be a fair Mid-Term investment with a projected 4.79% first-year return on $95,490 initial cash invested.
4.79%
Cash On Cash
7.96%
Cap Rate
1.28
DSCR
$3,777
Rent
$381
Cashflow
Cash Flow
$3,777 income − $3,396 expenses = $381 cash flow
Investment Breakdown
|
Purchase Price
$369k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,490
Downpayment
20%
$73,800
Closing costs
1%
$3,690
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,777
Total Expenses
$3,396
Mortgage P&I
51%
$1,917
Property Taxes
2%
$67
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415