This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $88,413 initial cash invested.
1.93%
Cash On Cash
7.38%
Cap Rate
1.15
DSCR
$3,294
Rent
$142
Cashflow
Cash Flow
$3,294 income − $3,152 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,413
Downpayment
20%
$67,060
Closing costs
1%
$3,353
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,294
Total Expenses
$3,152
Mortgage P&I
54%
$1,787
Property Taxes
4%
$123
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362