This property might be a fair Mid-Term investment with a projected 3.29% first-year return on $86,817 initial cash invested.
3.29%
Cash On Cash
7.67%
Cap Rate
1.22
DSCR
$3,630
Rent
$238
Cashflow
Cash Flow
$3,630 income − $3,392 expenses = $238 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,630
Total Expenses
$3,392
Mortgage P&I
47%
$1,711
Property Taxes
9%
$330
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399