This property might be a fair Mid-Term investment with a projected 5.29% first-year return on $87,279 initial cash invested.
5.29%
Cash On Cash
8.59%
Cap Rate
1.31
DSCR
$4,434
Rent
$385
Cashflow
Cash Flow
$4,434 income − $4,049 expenses = $385 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,434
Total Expenses
$4,049
Mortgage P&I
41%
$1,800
Property Taxes
14%
$628
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$488