This property might be a fair Mid-Term investment with a projected 7.72% first-year return on $90,492 initial cash invested.
7.72%
Cash On Cash
9.17%
Cap Rate
1.39
DSCR
$4,074
Rent
$582
Cashflow
Cash Flow
$4,074 income − $3,492 expenses = $582 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,492
Downpayment
20%
$69,040
Closing costs
1%
$3,452
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,074
Total Expenses
$3,492
Mortgage P&I
46%
$1,892
Property Taxes
2%
$93
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448