This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $87,972 initial cash invested.
1.1%
Cash On Cash
7.17%
Cap Rate
1.13
DSCR
$3,566
Rent
$81
Cashflow
Cash Flow
$3,566 income − $3,485 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$333k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,972
Downpayment
20%
$66,640
Closing costs
1%
$3,332
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,566
Total Expenses
$3,485
Mortgage P&I
50%
$1,766
Property Taxes
11%
$387
Home Insurance
3%
$119
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392