This property might be a fair Mid-Term investment with a projected 2.72% first-year return on $88,728 initial cash invested.
2.72%
Cash On Cash
7.34%
Cap Rate
1.2
DSCR
$3,441
Rent
$201
Cashflow
Cash Flow
$3,441 income − $3,240 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,728
Downpayment
20%
$67,360
Closing costs
1%
$3,368
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,441
Total Expenses
$3,240
Mortgage P&I
50%
$1,720
Property Taxes
7%
$232
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$413
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379