This property might be a fair Mid-Term investment with a projected 6.2% first-year return on $82,848 initial cash invested.
6.2%
Cash On Cash
8.81%
Cap Rate
1.35
DSCR
$4,090
Rent
$428
Cashflow
Cash Flow
$4,090 income − $3,662 expenses = $428 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,848
Downpayment
20%
$61,760
Closing costs
1%
$3,088
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,090
Total Expenses
$3,662
Mortgage P&I
41%
$1,675
Property Taxes
11%
$450
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450