This property might be a fair Mid-Term investment with a projected 4.73% first-year return on $89,778 initial cash invested.
4.73%
Cash On Cash
8.42%
Cap Rate
1.27
DSCR
$4,065
Rent
$354
Cashflow
Cash Flow
$4,065 income − $3,711 expenses = $354 cash flow
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,778
Downpayment
20%
$68,360
Closing costs
1%
$3,418
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,065
Total Expenses
$3,711
Mortgage P&I
46%
$1,882
Property Taxes
7%
$282
Home Insurance
3%
$122
HOA
1%
$42
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447