This property might be a fair Mid-Term investment with a projected 2.55% first-year return on $86,082 initial cash invested.
2.55%
Cash On Cash
7.81%
Cap Rate
1.19
DSCR
$3,750
Rent
$183
Cashflow
Cash Flow
$3,750 income − $3,567 expenses = $183 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,082
Downpayment
20%
$64,840
Closing costs
1%
$3,242
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,750
Total Expenses
$3,567
Mortgage P&I
47%
$1,777
Property Taxes
11%
$400
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412