This property might be a fair Mid-Term investment with a projected 9.55% first-year return on $88,707 initial cash invested.
9.55%
Cash On Cash
9.48%
Cap Rate
1.49
DSCR
$4,347
Rent
$706
Cashflow
Cash Flow
$4,347 income − $3,641 expenses = $706 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,707
Downpayment
20%
$67,340
Closing costs
1%
$3,367
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,347
Total Expenses
$3,641
Mortgage P&I
41%
$1,779
Property Taxes
6%
$262
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478