This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $84,255 initial cash invested.
1.87%
Cash On Cash
7.42%
Cap Rate
1.16
DSCR
$3,502
Rent
$131
Cashflow
Cash Flow
$3,502 income − $3,371 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,255
Downpayment
20%
$63,100
Closing costs
1%
$3,155
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,502
Total Expenses
$3,371
Mortgage P&I
48%
$1,679
Property Taxes
2%
$61
Home Insurance
3%
$114
HOA
9%
$327
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385