This property might be a fair Mid-Term investment with a projected 5.34% first-year return on $88,728 initial cash invested.
5.34%
Cash On Cash
8.69%
Cap Rate
1.3
DSCR
$4,167
Rent
$395
Cashflow
Cash Flow
$4,167 income − $3,772 expenses = $395 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,728
Downpayment
20%
$67,360
Closing costs
1%
$3,368
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,167
Total Expenses
$3,772
Mortgage P&I
45%
$1,877
Property Taxes
9%
$385
Home Insurance
2%
$93
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458