This property might be a fair Mid-Term investment with a projected 2.51% first-year return on $86,628 initial cash invested.
2.51%
Cash On Cash
7.4%
Cap Rate
1.18
DSCR
$3,190
Rent
$181
Cashflow
Cash Flow
$3,190 income − $3,009 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,628
Downpayment
20%
$65,360
Closing costs
1%
$3,268
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,190
Total Expenses
$3,009
Mortgage P&I
54%
$1,707
Property Taxes
3%
$101
Home Insurance
4%
$115
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351