This property might be a fair Mid-Term investment with a projected 5.64% first-year return on $87,825 initial cash invested.
5.64%
Cash On Cash
8.12%
Cap Rate
1.33
DSCR
$3,591
Rent
$413
Cashflow
Cash Flow
$3,591 income − $3,178 expenses = $413 cash flow
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,825
Downpayment
20%
$66,500
Closing costs
1%
$3,325
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,591
Total Expenses
$3,178
Mortgage P&I
47%
$1,694
Property Taxes
4%
$145
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395