This property might be a fair Mid-Term investment with a projected 9.2% first-year return on $89,736 initial cash invested.
9.2%
Cash On Cash
9.84%
Cap Rate
1.44
DSCR
$4,352
Rent
$688
Cashflow
Cash Flow
$4,352 income − $3,664 expenses = $688 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,736
Downpayment
20%
$68,320
Closing costs
1%
$3,416
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,352
Total Expenses
$3,664
Mortgage P&I
45%
$1,939
Property Taxes
3%
$123
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479