This property might be a fair Mid-Term investment with a projected 3.36% first-year return on $88,329 initial cash invested.
3.36%
Cash On Cash
7.52%
Cap Rate
1.23
DSCR
$3,578
Rent
$247
Cashflow
Cash Flow
$3,578 income − $3,331 expenses = $247 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,329
Downpayment
20%
$66,980
Closing costs
1%
$3,349
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,578
Total Expenses
$3,331
Mortgage P&I
48%
$1,710
Property Taxes
8%
$288
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394