This property might be a fair Mid-Term investment with a projected 3.81% first-year return on $88,392 initial cash invested.
3.81%
Cash On Cash
7.57%
Cap Rate
1.24
DSCR
$3,376
Rent
$281
Cashflow
Cash Flow
$3,376 income − $3,095 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,392
Downpayment
20%
$67,040
Closing costs
1%
$3,352
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,376
Total Expenses
$3,095
Mortgage P&I
50%
$1,699
Property Taxes
4%
$128
Home Insurance
4%
$121
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371