This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $86,712 initial cash invested.
1.97%
Cash On Cash
7.21%
Cap Rate
1.16
DSCR
$3,346
Rent
$142
Cashflow
Cash Flow
$3,346 income − $3,204 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,712
Downpayment
20%
$65,440
Closing costs
1%
$3,272
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,346
Total Expenses
$3,204
Mortgage P&I
51%
$1,690
Property Taxes
8%
$260
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368