This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $98,262 initial cash invested.
4.31%
Cash On Cash
8.24%
Cap Rate
1.24
DSCR
$3,958
Rent
$353
Cashflow
Cash Flow
$3,958 income − $3,605 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$382k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,262
Downpayment
20%
$76,440
Closing costs
1%
$3,822
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,958
Total Expenses
$3,605
Mortgage P&I
53%
$2,112
Property Taxes
4%
$146
Home Insurance
0%
$2
HOA
0%
$0
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435