This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $84,150 initial cash invested.
1.11%
Cash On Cash
6.8%
Cap Rate
1.13
DSCR
$3,096
Rent
$78
Cashflow
Cash Flow
$3,096 income − $3,018 expenses = $78 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,150
Downpayment
20%
$63,000
Closing costs
1%
$3,150
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,096
Total Expenses
$3,018
Mortgage P&I
51%
$1,583
Property Taxes
9%
$271
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341