This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $86,880 initial cash invested.
5.32%
Cash On Cash
8.36%
Cap Rate
1.3
DSCR
$3,650
Rent
$385
Cashflow
Cash Flow
$3,650 income − $3,265 expenses = $385 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,880
Downpayment
20%
$65,600
Closing costs
1%
$3,280
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,650
Total Expenses
$3,265
Mortgage P&I
48%
$1,754
Property Taxes
4%
$150
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$438
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402