This property might be a fair Mid-Term investment with a projected 3.99% first-year return on $86,376 initial cash invested.
3.99%
Cash On Cash
8.29%
Cap Rate
1.24
DSCR
$3,732
Rent
$287
Cashflow
Cash Flow
$3,732 income − $3,445 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,376
Downpayment
20%
$65,120
Closing costs
1%
$3,256
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,732
Total Expenses
$3,445
Mortgage P&I
49%
$1,814
Property Taxes
7%
$246
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$411