This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $99,249 initial cash invested.
5.26%
Cash On Cash
8.46%
Cap Rate
1.29
DSCR
$4,540
Rent
$435
Cashflow
Cash Flow
$4,540 income − $4,105 expenses = $435 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,249
Downpayment
20%
$77,380
Closing costs
1%
$3,869
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,540
Total Expenses
$4,105
Mortgage P&I
47%
$2,111
Property Taxes
7%
$297
Home Insurance
3%
$142
HOA
0%
$11
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$499