This property might be a fair Mid-Term investment with a projected 5.05% first-year return on $83,688 initial cash invested.
5.05%
Cash On Cash
8.52%
Cap Rate
1.28
DSCR
$3,363
Rent
$352
Cashflow
Cash Flow
$3,363 income − $3,011 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,688
Downpayment
20%
$62,560
Closing costs
1%
$3,128
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,363
Total Expenses
$3,011
Mortgage P&I
52%
$1,735
Property Taxes
1%
$21
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$370