This property might be a fair Mid-Term investment with a projected 2.75% first-year return on $89,106 initial cash invested.
2.75%
Cash On Cash
7.68%
Cap Rate
1.19
DSCR
$3,507
Rent
$204
Cashflow
Cash Flow
$3,507 income − $3,303 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,106
Downpayment
20%
$67,720
Closing costs
1%
$3,386
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,507
Total Expenses
$3,303
Mortgage P&I
52%
$1,822
Property Taxes
5%
$167
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386