This property might be a fair Mid-Term investment with a projected 6.22% first-year return on $87,741 initial cash invested.
6.22%
Cash On Cash
8.7%
Cap Rate
1.35
DSCR
$4,252
Rent
$455
Cashflow
Cash Flow
$4,252 income − $3,797 expenses = $455 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,252
Total Expenses
$3,797
Mortgage P&I
42%
$1,784
Property Taxes
10%
$445
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468