This property might be a fair Mid-Term investment with a projected 4.91% first-year return on $85,116 initial cash invested.
4.91%
Cash On Cash
8.34%
Cap Rate
1.28
DSCR
$3,538
Rent
$348
Cashflow
Cash Flow
$3,538 income − $3,190 expenses = $348 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,116
Downpayment
20%
$63,920
Closing costs
1%
$3,196
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,538
Total Expenses
$3,190
Mortgage P&I
49%
$1,730
Property Taxes
4%
$142
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$389