This property might be a fair Mid-Term investment with a projected 8.58% first-year return on $83,919 initial cash invested.
8.58%
Cash On Cash
9.12%
Cap Rate
1.46
DSCR
$3,866
Rent
$600
Cashflow
Cash Flow
$3,866 income − $3,266 expenses = $600 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,866
Total Expenses
$3,266
Mortgage P&I
42%
$1,630
Property Taxes
5%
$207
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$464
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$425