This property might be a fair Mid-Term investment with a projected 4.05% first-year return on $89,253 initial cash invested.
4.05%
Cash On Cash
8.31%
Cap Rate
1.26
DSCR
$4,484
Rent
$301
Cashflow
Cash Flow
$4,484 income − $4,183 expenses = $301 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,253
Downpayment
20%
$67,860
Closing costs
1%
$3,393
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,484
Total Expenses
$4,183
Mortgage P&I
42%
$1,869
Property Taxes
15%
$671
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$135
Maintenance
4%
$179
Other
11%
$493