This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $86,796 initial cash invested.
2.35%
Cash On Cash
7.74%
Cap Rate
1.17
DSCR
$3,300
Rent
$170
Cashflow
Cash Flow
$3,300 income − $3,130 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,796
Downpayment
20%
$65,520
Closing costs
1%
$3,276
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,300
Total Expenses
$3,130
Mortgage P&I
55%
$1,810
Property Taxes
2%
$82
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363