This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $87,300 initial cash invested.
5.33%
Cash On Cash
8.44%
Cap Rate
1.31
DSCR
$3,952
Rent
$388
Cashflow
Cash Flow
$3,952 income − $3,564 expenses = $388 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,300
Downpayment
20%
$66,000
Closing costs
1%
$3,300
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,952
Total Expenses
$3,564
Mortgage P&I
45%
$1,775
Property Taxes
8%
$329
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$474
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435