This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $85,956 initial cash invested.
4.33%
Cash On Cash
8.07%
Cap Rate
1.26
DSCR
$3,564
Rent
$310
Cashflow
Cash Flow
$3,564 income − $3,254 expenses = $310 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,956
Downpayment
20%
$64,720
Closing costs
1%
$3,236
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,564
Total Expenses
$3,254
Mortgage P&I
48%
$1,722
Property Taxes
6%
$203
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392