This property might be a fair Mid-Term investment with a projected 6.12% first-year return on $87,321 initial cash invested.
6.12%
Cash On Cash
9.02%
Cap Rate
1.33
DSCR
$4,431
Rent
$445
Cashflow
Cash Flow
$4,431 income − $3,986 expenses = $445 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.6%
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
$4,431
Total Expenses
$3,986
Mortgage P&I
42%
$1,859
Property Taxes
11%
$504
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487