This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $87,090 initial cash invested.
1.36%
Cash On Cash
7.41%
Cap Rate
1.14
DSCR
$3,634
Rent
$99
Cashflow
Cash Flow
$3,634 income − $3,535 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,090
Downpayment
20%
$65,800
Closing costs
1%
$3,290
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,634
Total Expenses
$3,535
Mortgage P&I
49%
$1,788
Property Taxes
11%
$393
Home Insurance
3%
$115
HOA
0%
$4
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$400