This property might be a fair Mid-Term investment with a projected 3.95% first-year return on $87,090 initial cash invested.
3.95%
Cash On Cash
8.2%
Cap Rate
1.24
DSCR
$3,868
Rent
$287
Cashflow
Cash Flow
$3,868 income − $3,581 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$329k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,090
Downpayment
20%
$65,800
Closing costs
1%
$3,290
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,868
Total Expenses
$3,581
Mortgage P&I
47%
$1,806
Property Taxes
9%
$345
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$464
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$425