This property might be a fair Mid-Term investment with a projected 4.52% first-year return on $87,153 initial cash invested.
4.52%
Cash On Cash
8.44%
Cap Rate
1.26
DSCR
$3,890
Rent
$328
Cashflow
Cash Flow
$3,890 income − $3,562 expenses = $328 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,153
Downpayment
20%
$65,860
Closing costs
1%
$3,293
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,890
Total Expenses
$3,562
Mortgage P&I
47%
$1,832
Property Taxes
6%
$251
Home Insurance
3%
$120
HOA
1%
$35
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428