This property might be a fair Mid-Term investment with a projected 6.24% first-year return on $83,793 initial cash invested.
6.24%
Cash On Cash
8.64%
Cap Rate
1.35
DSCR
$3,564
Rent
$436
Cashflow
Cash Flow
$3,564 income − $3,128 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,793
Downpayment
20%
$62,660
Closing costs
1%
$3,133
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,564
Total Expenses
$3,128
Mortgage P&I
47%
$1,676
Property Taxes
4%
$132
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392