This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $87,720 initial cash invested.
3.69%
Cash On Cash
7.6%
Cap Rate
1.24
DSCR
$3,310
Rent
$270
Cashflow
Cash Flow
$3,310 income − $3,040 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,720
Downpayment
20%
$66,400
Closing costs
1%
$3,320
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,310
Total Expenses
$3,040
Mortgage P&I
51%
$1,701
Property Taxes
3%
$96
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364