This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $83,016 initial cash invested.
1.42%
Cash On Cash
7.41%
Cap Rate
1.14
DSCR
$3,240
Rent
$98
Cashflow
Cash Flow
$3,240 income − $3,142 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,016
Downpayment
20%
$61,920
Closing costs
1%
$3,096
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,240
Total Expenses
$3,142
Mortgage P&I
52%
$1,683
Property Taxes
8%
$247
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356