This property might be a fair Mid-Term investment with a projected 9.99% first-year return on $90,534 initial cash invested.
9.99%
Cash On Cash
9.34%
Cap Rate
1.53
DSCR
$4,350
Rent
$754
Cashflow
Cash Flow
$4,350 income − $3,596 expenses = $754 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,534
Downpayment
20%
$69,080
Closing costs
1%
$3,454
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,350
Total Expenses
$3,596
Mortgage P&I
40%
$1,759
Property Taxes
6%
$245
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478