This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $87,615 initial cash invested.
1.12%
Cash On Cash
7.03%
Cap Rate
1.13
DSCR
$3,466
Rent
$82
Cashflow
Cash Flow
$3,466 income − $3,384 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,615
Downpayment
20%
$66,300
Closing costs
1%
$3,315
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,466
Total Expenses
$3,384
Mortgage P&I
50%
$1,722
Property Taxes
11%
$381
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381