This property might be a fair Mid-Term investment with a projected 6.89% first-year return on $88,497 initial cash invested.
6.89%
Cash On Cash
8.9%
Cap Rate
1.38
DSCR
$4,474
Rent
$508
Cashflow
Cash Flow
$4,474 income − $3,966 expenses = $508 cash flow
Investment Breakdown
|
Purchase Price
$336k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,497
Downpayment
20%
$67,140
Closing costs
1%
$3,357
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,474
Total Expenses
$3,966
Mortgage P&I
40%
$1,804
Property Taxes
12%
$522
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492