This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $95,700 initial cash invested.
3.17%
Cash On Cash
7.76%
Cap Rate
1.21
DSCR
$4,250
Rent
$253
Cashflow
Cash Flow
$4,250 income − $3,997 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,700
Downpayment
20%
$74,000
Closing costs
1%
$3,700
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,250
Total Expenses
$3,997
Mortgage P&I
46%
$1,969
Property Taxes
11%
$452
Home Insurance
3%
$130
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468