This property might be a fair Mid-Term investment with a projected 6.45% first-year return on $88,245 initial cash invested.
6.45%
Cash On Cash
8.87%
Cap Rate
1.34
DSCR
$3,711
Rent
$474
Cashflow
Cash Flow
$3,711 income − $3,237 expenses = $474 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,245
Downpayment
20%
$66,900
Closing costs
1%
$3,345
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,711
Total Expenses
$3,237
Mortgage P&I
50%
$1,850
Property Taxes
0%
$10
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408