This property might be a fair Mid-Term investment with a projected 3.05% first-year return on $88,854 initial cash invested.
3.05%
Cash On Cash
8.04%
Cap Rate
1.22
DSCR
$4,407
Rent
$226
Cashflow
Cash Flow
$4,407 income − $4,181 expenses = $226 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,854
Downpayment
20%
$67,480
Closing costs
1%
$3,374
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,407
Total Expenses
$4,181
Mortgage P&I
42%
$1,859
Property Taxes
16%
$704
Home Insurance
3%
$120
HOA
0%
$0
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485