This property might be a fair Mid-Term investment with a projected 6.18% first-year return on $84,045 initial cash invested.
6.18%
Cash On Cash
8.96%
Cap Rate
1.34
DSCR
$4,074
Rent
$433
Cashflow
Cash Flow
$4,074 income − $3,641 expenses = $433 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,045
Downpayment
20%
$62,900
Closing costs
1%
$3,145
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,074
Total Expenses
$3,641
Mortgage P&I
43%
$1,751
Property Taxes
10%
$394
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448