This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $89,442 initial cash invested.
4.08%
Cash On Cash
8.19%
Cap Rate
1.25
DSCR
$3,962
Rent
$304
Cashflow
Cash Flow
$3,962 income − $3,658 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,442
Downpayment
20%
$68,040
Closing costs
1%
$3,402
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,962
Total Expenses
$3,658
Mortgage P&I
47%
$1,859
Property Taxes
4%
$178
Home Insurance
3%
$124
HOA
4%
$151
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$436