This property might be a fair Mid-Term investment with a projected 6.83% first-year return on $85,200 initial cash invested.
6.83%
Cash On Cash
8.92%
Cap Rate
1.39
DSCR
$4,476
Rent
$485
Cashflow
Cash Flow
$4,476 income − $3,991 expenses = $485 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,476
Total Expenses
$3,991
Mortgage P&I
38%
$1,715
Property Taxes
14%
$643
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492