This property might be a fair Mid-Term investment with a projected 3.99% first-year return on $84,192 initial cash invested.
3.99%
Cash On Cash
8.17%
Cap Rate
1.24
DSCR
$3,410
Rent
$280
Cashflow
Cash Flow
$3,410 income − $3,130 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,192
Downpayment
20%
$63,040
Closing costs
1%
$3,152
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,410
Total Expenses
$3,130
Mortgage P&I
51%
$1,731
Property Taxes
4%
$126
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375