This property might be a fair Mid-Term investment with a projected 2.78% first-year return on $88,350 initial cash invested.
2.78%
Cash On Cash
7.79%
Cap Rate
1.2
DSCR
$3,747
Rent
$205
Cashflow
Cash Flow
$3,747 income − $3,542 expenses = $205 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,350
Downpayment
20%
$67,000
Closing costs
1%
$3,350
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,747
Total Expenses
$3,542
Mortgage P&I
49%
$1,820
Property Taxes
9%
$331
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412