This property might be a fair Mid-Term investment with a projected 4.1% first-year return on $89,043 initial cash invested.
4.1%
Cash On Cash
8.15%
Cap Rate
1.25
DSCR
$3,812
Rent
$304
Cashflow
Cash Flow
$3,812 income − $3,508 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,043
Downpayment
20%
$67,660
Closing costs
1%
$3,383
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,812
Total Expenses
$3,508
Mortgage P&I
48%
$1,842
Property Taxes
6%
$244
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$457
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$419