This property might be a fair Mid-Term investment with a projected 6.44% first-year return on $86,817 initial cash invested.
6.44%
Cash On Cash
8.88%
Cap Rate
1.35
DSCR
$4,131
Rent
$466
Cashflow
Cash Flow
$4,131 income − $3,665 expenses = $466 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,817
Downpayment
20%
$65,540
Closing costs
1%
$3,277
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,131
Total Expenses
$3,665
Mortgage P&I
43%
$1,795
Property Taxes
8%
$334
Home Insurance
3%
$119
HOA
0%
$13
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454