This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $85,179 initial cash invested.
2.65%
Cash On Cash
7.48%
Cap Rate
1.19
DSCR
$3,134
Rent
$188
Cashflow
Cash Flow
$3,134 income − $2,946 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,179
Downpayment
20%
$63,980
Closing costs
1%
$3,199
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,134
Total Expenses
$2,946
Mortgage P&I
54%
$1,681
Property Taxes
3%
$88
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345