This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $87,048 initial cash invested.
1.54%
Cash On Cash
7.44%
Cap Rate
1.13
DSCR
$3,158
Rent
$112
Cashflow
Cash Flow
$3,158 income − $3,046 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,048
Downpayment
20%
$65,760
Closing costs
1%
$3,288
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,158
Total Expenses
$3,046
Mortgage P&I
57%
$1,801
Property Taxes
2%
$55
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347