This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $86,670 initial cash invested.
1.58%
Cash On Cash
7.41%
Cap Rate
1.15
DSCR
$3,699
Rent
$114
Cashflow
Cash Flow
$3,699 income − $3,585 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,670
Downpayment
20%
$65,400
Closing costs
1%
$3,270
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,699
Total Expenses
$3,585
Mortgage P&I
47%
$1,756
Property Taxes
12%
$452
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407