This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $84,570 initial cash invested.
1.93%
Cash On Cash
7.66%
Cap Rate
1.16
DSCR
$3,657
Rent
$136
Cashflow
Cash Flow
$3,657 income − $3,521 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,570
Downpayment
20%
$63,400
Closing costs
1%
$3,170
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,657
Total Expenses
$3,521
Mortgage P&I
48%
$1,741
Property Taxes
11%
$407
Home Insurance
3%
$112
HOA
0%
$18
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402