This property might be a fair Mid-Term investment with a projected 3.09% first-year return on $86,964 initial cash invested.
3.09%
Cash On Cash
7.68%
Cap Rate
1.21
DSCR
$3,387
Rent
$224
Cashflow
Cash Flow
$3,387 income − $3,163 expenses = $224 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,964
Downpayment
20%
$65,680
Closing costs
1%
$3,284
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,387
Total Expenses
$3,163
Mortgage P&I
51%
$1,743
Property Taxes
4%
$152
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$102
Maintenance
4%
$135
Other
11%
$373