This property might be a fair Mid-Term investment with a projected 6.77% first-year return on $88,959 initial cash invested.
6.77%
Cash On Cash
8.91%
Cap Rate
1.37
DSCR
$4,446
Rent
$502
Cashflow
Cash Flow
$4,446 income − $3,944 expenses = $502 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,959
Downpayment
20%
$67,580
Closing costs
1%
$3,379
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,446
Total Expenses
$3,944
Mortgage P&I
41%
$1,829
Property Taxes
11%
$474
Home Insurance
3%
$129
HOA
0%
$0
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489