This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $88,287 initial cash invested.
2.57%
Cash On Cash
7.78%
Cap Rate
1.18
DSCR
$3,622
Rent
$189
Cashflow
Cash Flow
$3,622 income − $3,433 expenses = $189 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,287
Downpayment
20%
$66,940
Closing costs
1%
$3,347
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,622
Total Expenses
$3,433
Mortgage P&I
51%
$1,835
Property Taxes
7%
$249
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$398