This property might be a fair Mid-Term investment with a projected 2.92% first-year return on $88,392 initial cash invested.
2.92%
Cash On Cash
7.7%
Cap Rate
1.2
DSCR
$3,728
Rent
$215
Cashflow
Cash Flow
$3,728 income − $3,513 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,392
Downpayment
20%
$67,040
Closing costs
1%
$3,352
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,728
Total Expenses
$3,513
Mortgage P&I
48%
$1,786
Property Taxes
9%
$338
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410