This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $87,699 initial cash invested.
3.46%
Cash On Cash
7.91%
Cap Rate
1.22
DSCR
$3,476
Rent
$253
Cashflow
Cash Flow
$3,476 income − $3,223 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,699
Downpayment
20%
$66,380
Closing costs
1%
$3,319
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,476
Total Expenses
$3,223
Mortgage P&I
52%
$1,795
Property Taxes
4%
$130
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382