This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $87,279 initial cash invested.
1.64%
Cash On Cash
7.26%
Cap Rate
1.14
DSCR
$3,316
Rent
$119
Cashflow
Cash Flow
$3,316 income − $3,197 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,316
Total Expenses
$3,197
Mortgage P&I
53%
$1,745
Property Taxes
6%
$208
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365