This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $87,342 initial cash invested.
1.69%
Cash On Cash
7.54%
Cap Rate
1.15
DSCR
$3,663
Rent
$123
Cashflow
Cash Flow
$3,663 income − $3,540 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,342
Downpayment
20%
$66,040
Closing costs
1%
$3,302
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,663
Total Expenses
$3,540
Mortgage P&I
49%
$1,804
Property Taxes
10%
$370
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$403