This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $87,111 initial cash invested.
6.01%
Cash On Cash
8.41%
Cap Rate
1.35
DSCR
$4,026
Rent
$436
Cashflow
Cash Flow
$4,026 income − $3,590 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,111
Downpayment
20%
$65,820
Closing costs
1%
$3,291
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,026
Total Expenses
$3,590
Mortgage P&I
42%
$1,709
Property Taxes
10%
$402
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443