This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $88,329 initial cash invested.
0.49%
Cash On Cash
7.25%
Cap Rate
1.09
DSCR
$3,432
Rent
$36
Cashflow
Cash Flow
$3,432 income − $3,396 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,329
Downpayment
20%
$66,980
Closing costs
1%
$3,349
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,432
Total Expenses
$3,396
Mortgage P&I
54%
$1,850
Property Taxes
8%
$260
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378