This property might be a fair Mid-Term investment with a projected 6.42% first-year return on $85,179 initial cash invested.
6.42%
Cash On Cash
8.91%
Cap Rate
1.35
DSCR
$4,080
Rent
$456
Cashflow
Cash Flow
$4,080 income − $3,624 expenses = $456 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,179
Downpayment
20%
$63,980
Closing costs
1%
$3,199
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,080
Total Expenses
$3,624
Mortgage P&I
43%
$1,756
Property Taxes
9%
$369
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449