This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $88,287 initial cash invested.
5.06%
Cash On Cash
8.31%
Cap Rate
1.3
DSCR
$4,094
Rent
$372
Cashflow
Cash Flow
$4,094 income − $3,722 expenses = $372 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,287
Downpayment
20%
$66,940
Closing costs
1%
$3,347
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,094
Total Expenses
$3,722
Mortgage P&I
44%
$1,781
Property Taxes
10%
$428
Home Insurance
3%
$119
HOA
0%
$2
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450