This property might be a fair Mid-Term investment with a projected 7.83% first-year return on $83,982 initial cash invested.
7.83%
Cash On Cash
9.17%
Cap Rate
1.43
DSCR
$4,323
Rent
$548
Cashflow
Cash Flow
$4,323 income − $3,775 expenses = $548 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,982
Downpayment
20%
$62,840
Closing costs
1%
$3,142
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,323
Total Expenses
$3,775
Mortgage P&I
39%
$1,679
Property Taxes
12%
$504
Home Insurance
3%
$121
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476