This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $87,279 initial cash invested.
5.86%
Cash On Cash
8.68%
Cap Rate
1.32
DSCR
$3,888
Rent
$426
Cashflow
Cash Flow
$3,888 income − $3,462 expenses = $426 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,888
Total Expenses
$3,462
Mortgage P&I
46%
$1,804
Property Taxes
6%
$218
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428