This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $89,316 initial cash invested.
5.01%
Cash On Cash
8.57%
Cap Rate
1.29
DSCR
$4,248
Rent
$373
Cashflow
Cash Flow
$4,248 income − $3,875 expenses = $373 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,316
Downpayment
20%
$67,920
Closing costs
1%
$3,396
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,248
Total Expenses
$3,875
Mortgage P&I
44%
$1,881
Property Taxes
10%
$431
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467