This property might be a fair Mid-Term investment with a projected 7.47% first-year return on $88,224 initial cash invested.
7.47%
Cash On Cash
8.8%
Cap Rate
1.42
DSCR
$4,406
Rent
$549
Cashflow
Cash Flow
$4,406 income − $3,857 expenses = $549 cash flow
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,224
Downpayment
20%
$66,880
Closing costs
1%
$3,344
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,406
Total Expenses
$3,857
Mortgage P&I
39%
$1,727
Property Taxes
12%
$513
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485