This property might be a fair Mid-Term investment with a projected 3.03% first-year return on $88,350 initial cash invested.
3.03%
Cash On Cash
7.92%
Cap Rate
1.2
DSCR
$3,513
Rent
$223
Cashflow
Cash Flow
$3,513 income − $3,290 expenses = $223 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,513
Total Expenses
$3,290
Mortgage P&I
53%
$1,846
Property Taxes
4%
$132
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$386