This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $87,321 initial cash invested.
2.42%
Cash On Cash
7.74%
Cap Rate
1.18
DSCR
$3,615
Rent
$176
Cashflow
Cash Flow
$3,615 income − $3,439 expenses = $176 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,321
Downpayment
20%
$66,020
Closing costs
1%
$3,301
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,615
Total Expenses
$3,439
Mortgage P&I
50%
$1,808
Property Taxes
8%
$284
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$108
Maintenance
4%
$145
Other
11%
$398