This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $87,741 initial cash invested.
1.41%
Cash On Cash
7.66%
Cap Rate
1.14
DSCR
$3,740
Rent
$103
Cashflow
Cash Flow
$3,740 income − $3,637 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,741
Downpayment
20%
$66,420
Closing costs
1%
$3,321
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,740
Total Expenses
$3,637
Mortgage P&I
50%
$1,867
Property Taxes
6%
$229
Home Insurance
3%
$119
HOA
4%
$150
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$411