This property might be a fair Mid-Term investment with a projected 2.2% first-year return on $88,917 initial cash invested.
2.2%
Cash On Cash
7.48%
Cap Rate
1.17
DSCR
$3,498
Rent
$163
Cashflow
Cash Flow
$3,498 income − $3,335 expenses = $163 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,917
Downpayment
20%
$67,540
Closing costs
1%
$3,377
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,498
Total Expenses
$3,335
Mortgage P&I
52%
$1,802
Property Taxes
6%
$224
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385