This property might be a fair Mid-Term investment with a projected 6.55% first-year return on $89,421 initial cash invested.
6.55%
Cash On Cash
9.06%
Cap Rate
1.35
DSCR
$4,610
Rent
$488
Cashflow
Cash Flow
$4,610 income − $4,122 expenses = $488 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,421
Downpayment
20%
$68,020
Closing costs
1%
$3,401
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,610
Total Expenses
$4,122
Mortgage P&I
41%
$1,896
Property Taxes
12%
$538
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$553
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$507