This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $87,909 initial cash invested.
0.91%
Cash On Cash
7.31%
Cap Rate
1.12
DSCR
$3,702
Rent
$67
Cashflow
Cash Flow
$3,702 income − $3,635 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,909
Downpayment
20%
$66,580
Closing costs
1%
$3,329
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,702
Total Expenses
$3,635
Mortgage P&I
49%
$1,812
Property Taxes
11%
$418
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407