This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $89,190 initial cash invested.
2.26%
Cash On Cash
7.77%
Cap Rate
1.18
DSCR
$3,970
Rent
$168
Cashflow
Cash Flow
$3,970 income − $3,802 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,970
Total Expenses
$3,802
Mortgage P&I
47%
$1,868
Property Taxes
12%
$458
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437