This property might be a fair Mid-Term investment with a projected 5.97% first-year return on $89,883 initial cash invested.
5.97%
Cash On Cash
8.82%
Cap Rate
1.32
DSCR
$4,102
Rent
$447
Cashflow
Cash Flow
$4,102 income − $3,655 expenses = $447 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,883
Downpayment
20%
$68,460
Closing costs
1%
$3,423
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,102
Total Expenses
$3,655
Mortgage P&I
46%
$1,906
Property Taxes
6%
$233
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451