This property might be a fair Mid-Term investment with a projected 6.68% first-year return on $87,363 initial cash invested.
6.68%
Cash On Cash
8.77%
Cap Rate
1.36
DSCR
$3,723
Rent
$486
Cashflow
Cash Flow
$3,723 income − $3,237 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,363
Downpayment
20%
$66,060
Closing costs
1%
$3,303
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,723
Total Expenses
$3,237
Mortgage P&I
48%
$1,780
Property Taxes
2%
$71
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410