This property might be a fair Mid-Term investment with a projected 3.24% first-year return on $87,279 initial cash invested.
3.24%
Cash On Cash
8.12%
Cap Rate
1.2
DSCR
$3,502
Rent
$236
Cashflow
Cash Flow
$3,502 income − $3,266 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,502
Total Expenses
$3,266
Mortgage P&I
53%
$1,856
Property Taxes
3%
$104
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385