This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $88,623 initial cash invested.
3.89%
Cash On Cash
7.91%
Cap Rate
1.24
DSCR
$3,732
Rent
$287
Cashflow
Cash Flow
$3,732 income − $3,445 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,623
Downpayment
20%
$67,260
Closing costs
1%
$3,363
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,732
Total Expenses
$3,445
Mortgage P&I
48%
$1,782
Property Taxes
7%
$268
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$411