This property might be a fair Mid-Term investment with a projected 7.6% first-year return on $84,360 initial cash invested.
7.6%
Cash On Cash
8.94%
Cap Rate
1.43
DSCR
$4,214
Rent
$534
Cashflow
Cash Flow
$4,214 income − $3,680 expenses = $534 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,360
Downpayment
20%
$63,200
Closing costs
1%
$3,160
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,214
Total Expenses
$3,680
Mortgage P&I
39%
$1,650
Property Taxes
11%
$484
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$506
CapEx
4%
$169
Vacancy
3%
$126
Maintenance
4%
$169
Other
11%
$464