This property might be a fair Mid-Term investment with a projected 5.38% first-year return on $88,476 initial cash invested.
5.38%
Cash On Cash
8.74%
Cap Rate
1.3
DSCR
$4,262
Rent
$397
Cashflow
Cash Flow
$4,262 income − $3,865 expenses = $397 cash flow
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,476
Downpayment
20%
$67,120
Closing costs
1%
$3,356
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,262
Total Expenses
$3,865
Mortgage P&I
44%
$1,876
Property Taxes
10%
$422
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$469