This property might be a fair Mid-Term investment with a projected 2.44% first-year return on $83,100 initial cash invested.
2.44%
Cash On Cash
7.73%
Cap Rate
1.17
DSCR
$3,159
Rent
$169
Cashflow
Cash Flow
$3,159 income − $2,990 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,159
Total Expenses
$2,990
Mortgage P&I
54%
$1,701
Property Taxes
3%
$108
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347