This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $85,620 initial cash invested.
2.05%
Cash On Cash
7.45%
Cap Rate
1.16
DSCR
$3,322
Rent
$146
Cashflow
Cash Flow
$3,322 income − $3,176 expenses = $146 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,620
Downpayment
20%
$64,400
Closing costs
1%
$3,220
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,322
Total Expenses
$3,176
Mortgage P&I
52%
$1,720
Property Taxes
6%
$213
Home Insurance
3%
$113
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365