This property might be a fair Mid-Term investment with a projected 7.07% first-year return on $85,200 initial cash invested.
7.07%
Cash On Cash
8.91%
Cap Rate
1.38
DSCR
$3,783
Rent
$502
Cashflow
Cash Flow
$3,783 income − $3,281 expenses = $502 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
$3,783
Total Expenses
$3,281
Mortgage P&I
46%
$1,722
Property Taxes
4%
$133
Home Insurance
3%
$112
HOA
1%
$29
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416