This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $86,817 initial cash invested.
2.71%
Cash On Cash
7.81%
Cap Rate
1.19
DSCR
$3,482
Rent
$196
Cashflow
Cash Flow
$3,482 income − $3,286 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,817
Downpayment
20%
$65,540
Closing costs
1%
$3,277
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,482
Total Expenses
$3,286
Mortgage P&I
52%
$1,799
Property Taxes
5%
$187
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383