This property might be a fair Mid-Term investment with a projected 3.2% first-year return on $87,300 initial cash invested.
3.2%
Cash On Cash
7.83%
Cap Rate
1.22
DSCR
$3,962
Rent
$233
Cashflow
Cash Flow
$3,962 income − $3,729 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,300
Downpayment
20%
$66,000
Closing costs
1%
$3,300
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,962
Total Expenses
$3,729
Mortgage P&I
44%
$1,762
Property Taxes
12%
$463
Home Insurance
3%
$116
HOA
1%
$42
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$436