This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $89,190 initial cash invested.
2.27%
Cash On Cash
7.59%
Cap Rate
1.17
DSCR
$3,614
Rent
$169
Cashflow
Cash Flow
$3,614 income − $3,445 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,614
Total Expenses
$3,445
Mortgage P&I
51%
$1,831
Property Taxes
7%
$265
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$108
Maintenance
4%
$145
Other
11%
$398