This property might be a fair Mid-Term investment with a projected 5.31% first-year return on $93,873 initial cash invested.
5.31%
Cash On Cash
8.78%
Cap Rate
1.3
DSCR
$4,708
Rent
$415
Cashflow
Cash Flow
$4,708 income − $4,293 expenses = $415 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,873
Downpayment
20%
$72,260
Closing costs
1%
$3,613
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,708
Total Expenses
$4,293
Mortgage P&I
43%
$2,040
Property Taxes
11%
$525
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518