This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $87,993 initial cash invested.
1.49%
Cash On Cash
7.55%
Cap Rate
1.14
DSCR
$3,728
Rent
$109
Cashflow
Cash Flow
$3,728 income − $3,619 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,993
Downpayment
20%
$66,660
Closing costs
1%
$3,333
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,728
Total Expenses
$3,619
Mortgage P&I
49%
$1,839
Property Taxes
12%
$440
Home Insurance
2%
$73
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410