This property might be a fair Mid-Term investment with a projected 3.12% first-year return on $86,943 initial cash invested.
3.12%
Cash On Cash
8.05%
Cap Rate
1.21
DSCR
$3,744
Rent
$226
Cashflow
Cash Flow
$3,744 income − $3,518 expenses = $226 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,943
Downpayment
20%
$65,660
Closing costs
1%
$3,283
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,744
Total Expenses
$3,518
Mortgage P&I
49%
$1,827
Property Taxes
8%
$301
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412