This property might be a fair Mid-Term investment with a projected 6.15% first-year return on $84,633 initial cash invested.
6.15%
Cash On Cash
8.79%
Cap Rate
1.34
DSCR
$3,873
Rent
$434
Cashflow
Cash Flow
$3,873 income − $3,439 expenses = $434 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,633
Downpayment
20%
$63,460
Closing costs
1%
$3,173
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,873
Total Expenses
$3,439
Mortgage P&I
45%
$1,736
Property Taxes
7%
$271
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426