This property might be a fair Mid-Term investment with a projected 2.02% first-year return on $85,725 initial cash invested.
2.02%
Cash On Cash
7.81%
Cap Rate
1.16
DSCR
$3,642
Rent
$144
Cashflow
Cash Flow
$3,642 income − $3,498 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,725
Downpayment
20%
$64,500
Closing costs
1%
$3,225
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,642
Total Expenses
$3,498
Mortgage P&I
50%
$1,808
Property Taxes
9%
$337
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401