This property might be a fair Mid-Term investment with a projected 4.27% first-year return on $90,240 initial cash invested.
4.27%
Cash On Cash
8.4%
Cap Rate
1.27
DSCR
$4,852
Rent
$321
Cashflow
Cash Flow
$4,852 income − $4,531 expenses = $321 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,240
Downpayment
20%
$68,800
Closing costs
1%
$3,440
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,852
Total Expenses
$4,531
Mortgage P&I
39%
$1,893
Property Taxes
18%
$866
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$582
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$534