This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $87,321 initial cash invested.
1.86%
Cash On Cash
7.38%
Cap Rate
1.16
DSCR
$3,544
Rent
$135
Cashflow
Cash Flow
$3,544 income − $3,409 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,321
Downpayment
20%
$66,020
Closing costs
1%
$3,301
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,544
Total Expenses
$3,409
Mortgage P&I
49%
$1,754
Property Taxes
9%
$331
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390