This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $88,707 initial cash invested.
2.71%
Cash On Cash
7.54%
Cap Rate
1.21
DSCR
$4,016
Rent
$200
Cashflow
Cash Flow
$4,016 income − $3,816 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,707
Downpayment
20%
$67,340
Closing costs
1%
$3,367
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,016
Total Expenses
$3,816
Mortgage P&I
44%
$1,755
Property Taxes
14%
$574
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$120
Maintenance
4%
$161
Other
11%
$442