This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $87,027 initial cash invested.
4.7%
Cash On Cash
8.4%
Cap Rate
1.28
DSCR
$3,920
Rent
$341
Cashflow
Cash Flow
$3,920 income − $3,579 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,027
Downpayment
20%
$65,740
Closing costs
1%
$3,287
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,920
Total Expenses
$3,579
Mortgage P&I
46%
$1,802
Property Taxes
8%
$313
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431