This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $86,082 initial cash invested.
1.81%
Cash On Cash
7.04%
Cap Rate
1.15
DSCR
$3,004
Rent
$130
Cashflow
Cash Flow
$3,004 income − $2,874 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,082
Downpayment
20%
$64,840
Closing costs
1%
$3,242
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,004
Total Expenses
$2,874
Mortgage P&I
55%
$1,652
Property Taxes
0%
$8
Home Insurance
4%
$114
HOA
3%
$80
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330