This property might be a fair Mid-Term investment with a projected 4.83% first-year return on $89,022 initial cash invested.
4.83%
Cash On Cash
8%
Cap Rate
1.31
DSCR
$4,251
Rent
$358
Cashflow
Cash Flow
$4,251 income − $3,893 expenses = $358 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,022
Downpayment
20%
$67,640
Closing costs
1%
$3,382
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,251
Total Expenses
$3,893
Mortgage P&I
41%
$1,726
Property Taxes
14%
$602
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468