This property might be a fair Mid-Term investment with a projected 1.18% first-year return on $88,350 initial cash invested.
1.18%
Cash On Cash
6.88%
Cap Rate
1.13
DSCR
$3,200
Rent
$87
Cashflow
Cash Flow
$3,200 income − $3,113 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,200
Total Expenses
$3,113
Mortgage P&I
53%
$1,705
Property Taxes
6%
$203
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352