This property might be a fair Mid-Term investment with a projected 5.72% first-year return on $90,429 initial cash invested.
5.72%
Cash On Cash
8.59%
Cap Rate
1.31
DSCR
$3,852
Rent
$431
Cashflow
Cash Flow
$3,852 income − $3,421 expenses = $431 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,429
Downpayment
20%
$68,980
Closing costs
1%
$3,449
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,852
Total Expenses
$3,421
Mortgage P&I
49%
$1,885
Property Taxes
3%
$105
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424