This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $86,985 initial cash invested.
1.81%
Cash On Cash
7.44%
Cap Rate
1.15
DSCR
$3,290
Rent
$131
Cashflow
Cash Flow
$3,290 income − $3,159 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,985
Downpayment
20%
$65,700
Closing costs
1%
$3,285
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$3,159
Mortgage P&I
54%
$1,775
Property Taxes
4%
$131
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362