This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $86,418 initial cash invested.
2.71%
Cash On Cash
7.77%
Cap Rate
1.2
DSCR
$3,776
Rent
$195
Cashflow
Cash Flow
$3,776 income − $3,581 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,418
Downpayment
20%
$65,160
Closing costs
1%
$3,258
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,776
Total Expenses
$3,581
Mortgage P&I
47%
$1,763
Property Taxes
10%
$395
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415