This property might be a fair Mid-Term investment with a projected 2.6% first-year return on $88,266 initial cash invested.
2.6%
Cash On Cash
7.73%
Cap Rate
1.19
DSCR
$3,686
Rent
$191
Cashflow
Cash Flow
$3,686 income − $3,495 expenses = $191 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,266
Downpayment
20%
$66,920
Closing costs
1%
$3,346
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,686
Total Expenses
$3,495
Mortgage P&I
49%
$1,816
Property Taxes
8%
$305
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$111
Maintenance
4%
$147
Other
11%
$405