This property might be a fair Mid-Term investment with a projected 2.82% first-year return on $83,037 initial cash invested.
2.82%
Cash On Cash
7.44%
Cap Rate
1.22
DSCR
$3,693
Rent
$195
Cashflow
Cash Flow
$3,693 income − $3,498 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,037
Downpayment
20%
$61,940
Closing costs
1%
$3,097
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,693
Total Expenses
$3,498
Mortgage P&I
43%
$1,576
Property Taxes
15%
$550
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406