This property might be a fair Mid-Term investment with a projected 3.1% first-year return on $83,898 initial cash invested.
3.1%
Cash On Cash
7.95%
Cap Rate
1.2
DSCR
$3,303
Rent
$217
Cashflow
Cash Flow
$3,303 income − $3,086 expenses = $217 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,898
Downpayment
20%
$62,760
Closing costs
1%
$3,138
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,303
Total Expenses
$3,086
Mortgage P&I
52%
$1,729
Property Taxes
4%
$125
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363