This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $88,917 initial cash invested.
1.4%
Cash On Cash
7.61%
Cap Rate
1.15
DSCR
$4,442
Rent
$104
Cashflow
Cash Flow
$4,442 income − $4,338 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,917
Downpayment
20%
$67,540
Closing costs
1%
$3,377
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,442
Total Expenses
$4,338
Mortgage P&I
42%
$1,860
Property Taxes
19%
$848
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489