This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $96,246 initial cash invested.
5.06%
Cash On Cash
8.6%
Cap Rate
1.29
DSCR
$4,737
Rent
$406
Cashflow
Cash Flow
$4,737 income − $4,331 expenses = $406 cash flow
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,246
Downpayment
20%
$74,520
Closing costs
1%
$3,726
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,737
Total Expenses
$4,331
Mortgage P&I
44%
$2,076
Property Taxes
11%
$517
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$521