This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $90,681 initial cash invested.
3.96%
Cash On Cash
8.24%
Cap Rate
1.25
DSCR
$4,254
Rent
$299
Cashflow
Cash Flow
$4,254 income − $3,955 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,681
Downpayment
20%
$69,220
Closing costs
1%
$3,461
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,254
Total Expenses
$3,955
Mortgage P&I
45%
$1,907
Property Taxes
11%
$486
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468