This property might be a fair Mid-Term investment with a projected 4.45% first-year return on $90,303 initial cash invested.
4.45%
Cash On Cash
7.77%
Cap Rate
1.27
DSCR
$3,488
Rent
$335
Cashflow
Cash Flow
$3,488 income − $3,153 expenses = $335 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,303
Downpayment
20%
$68,860
Closing costs
1%
$3,443
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,488
Total Expenses
$3,153
Mortgage P&I
50%
$1,754
Property Taxes
3%
$89
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384