This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $87,846 initial cash invested.
3.37%
Cash On Cash
8.08%
Cap Rate
1.21
DSCR
$3,628
Rent
$247
Cashflow
Cash Flow
$3,628 income − $3,381 expenses = $247 cash flow
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,846
Downpayment
20%
$66,520
Closing costs
1%
$3,326
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,628
Total Expenses
$3,381
Mortgage P&I
51%
$1,847
Property Taxes
5%
$170
Home Insurance
3%
$121
HOA
0%
$10
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399