This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $84,822 initial cash invested.
3.18%
Cash On Cash
8.3%
Cap Rate
1.2
DSCR
$3,536
Rent
$225
Cashflow
Cash Flow
$3,536 income − $3,311 expenses = $225 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,822
Downpayment
20%
$63,640
Closing costs
1%
$3,182
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,536
Total Expenses
$3,311
Mortgage P&I
52%
$1,834
Property Taxes
5%
$160
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389