This property might be a fair Mid-Term investment with a projected 4.37% first-year return on $90,051 initial cash invested.
4.37%
Cash On Cash
8.37%
Cap Rate
1.25
DSCR
$3,814
Rent
$328
Cashflow
Cash Flow
$3,814 income − $3,486 expenses = $328 cash flow
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,051
Downpayment
20%
$68,620
Closing costs
1%
$3,431
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,814
Total Expenses
$3,486
Mortgage P&I
50%
$1,911
Property Taxes
4%
$155
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$114
Maintenance
4%
$153
Other
11%
$420