This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $83,709 initial cash invested.
1.72%
Cash On Cash
7.53%
Cap Rate
1.15
DSCR
$3,530
Rent
$120
Cashflow
Cash Flow
$3,530 income − $3,410 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,709
Downpayment
20%
$62,580
Closing costs
1%
$3,129
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$3,410
Mortgage P&I
48%
$1,703
Property Taxes
11%
$395
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388