This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $87,090 initial cash invested.
1.31%
Cash On Cash
7.35%
Cap Rate
1.15
DSCR
$4,059
Rent
$95
Cashflow
Cash Flow
$4,059 income − $3,964 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,090
Downpayment
20%
$65,800
Closing costs
1%
$3,290
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,059
Total Expenses
$3,964
Mortgage P&I
43%
$1,758
Property Taxes
18%
$712
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446