This property might be a fair Mid-Term investment with a projected 6.42% first-year return on $86,607 initial cash invested.
6.42%
Cash On Cash
8.96%
Cap Rate
1.36
DSCR
$4,449
Rent
$463
Cashflow
Cash Flow
$4,449 income − $3,986 expenses = $463 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,607
Downpayment
20%
$65,340
Closing costs
1%
$3,267
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,449
Total Expenses
$3,986
Mortgage P&I
40%
$1,797
Property Taxes
12%
$545
Home Insurance
3%
$115
HOA
0%
$17
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489