This property might be a fair Mid-Term investment with a projected 3.75% first-year return on $87,321 initial cash invested.
3.75%
Cash On Cash
7.98%
Cap Rate
1.24
DSCR
$3,778
Rent
$273
Cashflow
Cash Flow
$3,778 income − $3,505 expenses = $273 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,321
Downpayment
20%
$66,020
Closing costs
1%
$3,301
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,778
Total Expenses
$3,505
Mortgage P&I
47%
$1,771
Property Taxes
9%
$331
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416