This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $84,990 initial cash invested.
1.43%
Cash On Cash
7.46%
Cap Rate
1.14
DSCR
$3,426
Rent
$101
Cashflow
Cash Flow
$3,426 income − $3,325 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,990
Downpayment
20%
$63,800
Closing costs
1%
$3,190
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,426
Total Expenses
$3,325
Mortgage P&I
51%
$1,746
Property Taxes
9%
$302
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377