This property might be a fair Mid-Term investment with a projected 4.76% first-year return on $85,683 initial cash invested.
4.76%
Cash On Cash
8.47%
Cap Rate
1.27
DSCR
$3,567
Rent
$340
Cashflow
Cash Flow
$3,567 income − $3,227 expenses = $340 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,683
Downpayment
20%
$64,460
Closing costs
1%
$3,223
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,567
Total Expenses
$3,227
Mortgage P&I
50%
$1,793
Property Taxes
3%
$107
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392