This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $84,486 initial cash invested.
3.27%
Cash On Cash
8.06%
Cap Rate
1.22
DSCR
$3,674
Rent
$230
Cashflow
Cash Flow
$3,674 income − $3,444 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,486
Downpayment
20%
$63,320
Closing costs
1%
$3,166
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,674
Total Expenses
$3,444
Mortgage P&I
48%
$1,749
Property Taxes
9%
$332
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404