This property might be a fair Mid-Term investment with a projected 3.22% first-year return on $88,791 initial cash invested.
3.22%
Cash On Cash
7.3%
Cap Rate
1.21
DSCR
$3,104
Rent
$238
Cashflow
Cash Flow
$3,104 income − $2,866 expenses = $238 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,791
Downpayment
20%
$67,420
Closing costs
1%
$3,371
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,104
Total Expenses
$2,866
Mortgage P&I
54%
$1,688
Property Taxes
0%
$2
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341