This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $88,728 initial cash invested.
0.91%
Cash On Cash
7.17%
Cap Rate
1.11
DSCR
$3,444
Rent
$67
Cashflow
Cash Flow
$3,444 income − $3,377 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,728
Downpayment
20%
$67,360
Closing costs
1%
$3,368
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,444
Total Expenses
$3,377
Mortgage P&I
52%
$1,807
Property Taxes
4%
$124
Home Insurance
3%
$119
HOA
5%
$156
Property Management
12%
$413
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379