This property might be a fair Mid-Term investment with a projected 1.05% first-year return on $83,268 initial cash invested.
1.05%
Cash On Cash
7.3%
Cap Rate
1.13
DSCR
$3,591
Rent
$73
Cashflow
Cash Flow
$3,591 income − $3,518 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,268
Downpayment
20%
$62,160
Closing costs
1%
$3,108
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,591
Total Expenses
$3,518
Mortgage P&I
47%
$1,673
Property Taxes
15%
$523
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395