This property might be a fair Mid-Term investment with a projected 4.29% first-year return on $84,990 initial cash invested.
4.29%
Cash On Cash
7.99%
Cap Rate
1.26
DSCR
$3,202
Rent
$304
Cashflow
Cash Flow
$3,202 income − $2,898 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,202
Total Expenses
$2,898
Mortgage P&I
53%
$1,692
Property Taxes
0%
$6
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352