This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $88,959 initial cash invested.
1.28%
Cash On Cash
7.37%
Cap Rate
1.13
DSCR
$3,600
Rent
$95
Cashflow
Cash Flow
$3,600 income − $3,505 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,959
Downpayment
20%
$67,580
Closing costs
1%
$3,379
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,600
Total Expenses
$3,505
Mortgage P&I
51%
$1,836
Property Taxes
9%
$324
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396