This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $87,279 initial cash invested.
0.98%
Cash On Cash
7.36%
Cap Rate
1.12
DSCR
$3,524
Rent
$71
Cashflow
Cash Flow
$3,524 income − $3,453 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,524
Total Expenses
$3,453
Mortgage P&I
51%
$1,812
Property Taxes
9%
$326
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388