This property might be a fair Mid-Term investment with a projected 6.73% first-year return on $89,652 initial cash invested.
6.73%
Cash On Cash
8.64%
Cap Rate
1.38
DSCR
$4,354
Rent
$503
Cashflow
Cash Flow
$4,354 income − $3,851 expenses = $503 cash flow
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,652
Downpayment
20%
$68,240
Closing costs
1%
$3,412
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,354
Total Expenses
$3,851
Mortgage P&I
41%
$1,781
Property Taxes
11%
$478
Home Insurance
3%
$110
HOA
0%
$2
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479