This property might be a fair Mid-Term investment with a projected 9.93% first-year return on $89,820 initial cash invested.
9.93%
Cash On Cash
9.37%
Cap Rate
1.52
DSCR
$4,203
Rent
$743
Cashflow
Cash Flow
$4,203 income − $3,460 expenses = $743 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,820
Downpayment
20%
$68,400
Closing costs
1%
$3,420
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,203
Total Expenses
$3,460
Mortgage P&I
42%
$1,759
Property Taxes
4%
$154
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462