This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $85,977 initial cash invested.
1.41%
Cash On Cash
7.66%
Cap Rate
1.14
DSCR
$3,849
Rent
$101
Cashflow
Cash Flow
$3,849 income − $3,748 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,977
Downpayment
20%
$64,740
Closing costs
1%
$3,237
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,849
Total Expenses
$3,748
Mortgage P&I
47%
$1,811
Property Taxes
13%
$513
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$423