This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $89,106 initial cash invested.
4.07%
Cash On Cash
8.13%
Cap Rate
1.24
DSCR
$3,588
Rent
$302
Cashflow
Cash Flow
$3,588 income − $3,286 expenses = $302 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,106
Downpayment
20%
$67,720
Closing costs
1%
$3,386
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,588
Total Expenses
$3,286
Mortgage P&I
52%
$1,848
Property Taxes
3%
$94
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395