This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $84,423 initial cash invested.
0.78%
Cash On Cash
7.15%
Cap Rate
1.11
DSCR
$3,248
Rent
$55
Cashflow
Cash Flow
$3,248 income − $3,193 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,423
Downpayment
20%
$63,260
Closing costs
1%
$3,163
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,248
Total Expenses
$3,193
Mortgage P&I
52%
$1,700
Property Taxes
9%
$277
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357