This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $83,268 initial cash invested.
1.64%
Cash On Cash
7.35%
Cap Rate
1.14
DSCR
$2,956
Rent
$114
Cashflow
Cash Flow
$2,956 income − $2,842 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,268
Downpayment
20%
$62,160
Closing costs
1%
$3,108
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$2,842
Mortgage P&I
57%
$1,672
Property Taxes
2%
$48
Home Insurance
4%
$112
HOA
0%
$5
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325