This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $83,814 initial cash invested.
5.27%
Cash On Cash
8.19%
Cap Rate
1.33
DSCR
$3,918
Rent
$368
Cashflow
Cash Flow
$3,918 income − $3,550 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,814
Downpayment
20%
$62,680
Closing costs
1%
$3,134
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,918
Total Expenses
$3,550
Mortgage P&I
41%
$1,613
Property Taxes
13%
$490
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431