This property might be a fair Mid-Term investment with a projected 2.8% first-year return on $83,289 initial cash invested.
2.8%
Cash On Cash
7.85%
Cap Rate
1.19
DSCR
$3,237
Rent
$194
Cashflow
Cash Flow
$3,237 income − $3,043 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,289
Downpayment
20%
$62,180
Closing costs
1%
$3,109
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,237
Total Expenses
$3,043
Mortgage P&I
53%
$1,712
Property Taxes
4%
$122
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356