This property might be a fair Mid-Term investment with a projected 7.39% first-year return on $89,946 initial cash invested.
7.39%
Cash On Cash
8.95%
Cap Rate
1.4
DSCR
$4,430
Rent
$554
Cashflow
Cash Flow
$4,430 income − $3,876 expenses = $554 cash flow
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,946
Downpayment
20%
$68,520
Closing costs
1%
$3,426
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,430
Total Expenses
$3,876
Mortgage P&I
41%
$1,823
Property Taxes
10%
$425
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487