This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $84,150 initial cash invested.
1.95%
Cash On Cash
7.74%
Cap Rate
1.16
DSCR
$3,658
Rent
$137
Cashflow
Cash Flow
$3,658 income − $3,521 expenses = $137 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,150
Downpayment
20%
$63,000
Closing costs
1%
$3,150
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,658
Total Expenses
$3,521
Mortgage P&I
48%
$1,750
Property Taxes
11%
$418
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402