This property might be a fair Mid-Term investment with a projected 4.51% first-year return on $88,308 initial cash invested.
4.51%
Cash On Cash
8.1%
Cap Rate
1.27
DSCR
$3,724
Rent
$332
Cashflow
Cash Flow
$3,724 income − $3,392 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,308
Downpayment
20%
$66,960
Closing costs
1%
$3,348
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,724
Total Expenses
$3,392
Mortgage P&I
48%
$1,779
Property Taxes
6%
$218
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410