This property might be a fair Mid-Term investment with a projected 3.76% first-year return on $87,426 initial cash invested.
3.76%
Cash On Cash
7.88%
Cap Rate
1.23
DSCR
$3,478
Rent
$274
Cashflow
Cash Flow
$3,478 income − $3,204 expenses = $274 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,426
Downpayment
20%
$66,120
Closing costs
1%
$3,306
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,478
Total Expenses
$3,204
Mortgage P&I
51%
$1,759
Property Taxes
4%
$146
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383