This property might be a fair Mid-Term investment with a projected 8.91% first-year return on $88,350 initial cash invested.
8.91%
Cash On Cash
9.36%
Cap Rate
1.47
DSCR
$4,344
Rent
$656
Cashflow
Cash Flow
$4,344 income − $3,688 expenses = $656 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,344
Total Expenses
$3,688
Mortgage P&I
41%
$1,782
Property Taxes
7%
$312
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478