This property might be a fair Mid-Term investment with a projected 4.35% first-year return on $85,053 initial cash invested.
4.35%
Cash On Cash
8.32%
Cap Rate
1.26
DSCR
$3,814
Rent
$308
Cashflow
Cash Flow
$3,814 income − $3,506 expenses = $308 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,053
Downpayment
20%
$63,860
Closing costs
1%
$3,193
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,814
Total Expenses
$3,506
Mortgage P&I
46%
$1,753
Property Taxes
9%
$341
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$114
Maintenance
4%
$153
Other
11%
$420