This property might be a fair Mid-Term investment with a projected 3.32% first-year return on $91,080 initial cash invested.
3.32%
Cash On Cash
7.99%
Cap Rate
1.22
DSCR
$3,981
Rent
$252
Cashflow
Cash Flow
$3,981 income − $3,729 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,080
Downpayment
20%
$69,600
Closing costs
1%
$3,480
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,981
Total Expenses
$3,729
Mortgage P&I
48%
$1,906
Property Taxes
9%
$348
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438