This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $84,276 initial cash invested.
1.4%
Cash On Cash
6.9%
Cap Rate
1.14
DSCR
$2,952
Rent
$98
Cashflow
Cash Flow
$2,952 income − $2,854 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,276
Downpayment
20%
$63,120
Closing costs
1%
$3,156
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,952
Total Expenses
$2,854
Mortgage P&I
54%
$1,600
Property Taxes
5%
$136
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325