This property might be a fair Mid-Term investment with a projected 6.79% first-year return on $83,961 initial cash invested.
6.79%
Cash On Cash
8.81%
Cap Rate
1.37
DSCR
$3,576
Rent
$475
Cashflow
Cash Flow
$3,576 income − $3,101 expenses = $475 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,961
Downpayment
20%
$62,820
Closing costs
1%
$3,141
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,576
Total Expenses
$3,101
Mortgage P&I
47%
$1,688
Property Taxes
2%
$84
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393