This property might be a fair Mid-Term investment with a projected 5.77% first-year return on $90,723 initial cash invested.
5.77%
Cash On Cash
8.9%
Cap Rate
1.33
DSCR
$4,872
Rent
$436
Cashflow
Cash Flow
$4,872 income − $4,436 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,723
Downpayment
20%
$69,260
Closing costs
1%
$3,463
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,872
Total Expenses
$4,436
Mortgage P&I
40%
$1,937
Property Taxes
15%
$720
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$585
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$536