This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $88,098 initial cash invested.
3.04%
Cash On Cash
7.92%
Cap Rate
1.21
DSCR
$3,972
Rent
$223
Cashflow
Cash Flow
$3,972 income − $3,749 expenses = $223 cash flow
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,098
Downpayment
20%
$66,760
Closing costs
1%
$3,338
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,972
Total Expenses
$3,749
Mortgage P&I
46%
$1,821
Property Taxes
11%
$442
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437