This property might be a fair Mid-Term investment with a projected 3.31% first-year return on $85,809 initial cash invested.
3.31%
Cash On Cash
7.9%
Cap Rate
1.22
DSCR
$3,742
Rent
$237
Cashflow
Cash Flow
$3,742 income − $3,505 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,809
Downpayment
20%
$64,580
Closing costs
1%
$3,229
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,742
Total Expenses
$3,505
Mortgage P&I
47%
$1,740
Property Taxes
10%
$378
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412