This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $88,791 initial cash invested.
2.35%
Cash On Cash
7.28%
Cap Rate
1.19
DSCR
$3,735
Rent
$174
Cashflow
Cash Flow
$3,735 income − $3,561 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,791
Downpayment
20%
$67,420
Closing costs
1%
$3,371
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,735
Total Expenses
$3,561
Mortgage P&I
46%
$1,723
Property Taxes
12%
$458
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$411