This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $87,594 initial cash invested.
0.9%
Cash On Cash
7.45%
Cap Rate
1.12
DSCR
$3,820
Rent
$66
Cashflow
Cash Flow
$3,820 income − $3,754 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,594
Downpayment
20%
$66,280
Closing costs
1%
$3,314
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,820
Total Expenses
$3,754
Mortgage P&I
48%
$1,839
Property Taxes
13%
$499
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420