This property might be a fair Mid-Term investment with a projected 9.11% first-year return on $87,090 initial cash invested.
9.11%
Cash On Cash
9.13%
Cap Rate
1.5
DSCR
$4,305
Rent
$661
Cashflow
Cash Flow
$4,305 income − $3,644 expenses = $661 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,090
Downpayment
20%
$65,800
Closing costs
1%
$3,290
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,305
Total Expenses
$3,644
Mortgage P&I
39%
$1,669
Property Taxes
9%
$396
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$517
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$474