This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $87,699 initial cash invested.
2.41%
Cash On Cash
7.57%
Cap Rate
1.18
DSCR
$3,572
Rent
$176
Cashflow
Cash Flow
$3,572 income − $3,396 expenses = $176 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,699
Downpayment
20%
$66,380
Closing costs
1%
$3,319
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,572
Total Expenses
$3,396
Mortgage P&I
50%
$1,775
Property Taxes
6%
$226
Home Insurance
3%
$118
HOA
2%
$62
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393