This property might be a fair Mid-Term investment with a projected 9.14% first-year return on $84,255 initial cash invested.
9.14%
Cash On Cash
9.43%
Cap Rate
1.48
DSCR
$3,932
Rent
$642
Cashflow
Cash Flow
$3,932 income − $3,290 expenses = $642 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,255
Downpayment
20%
$63,100
Closing costs
1%
$3,155
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,932
Total Expenses
$3,290
Mortgage P&I
43%
$1,679
Property Taxes
4%
$160
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433