This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $83,982 initial cash invested.
1.71%
Cash On Cash
7.48%
Cap Rate
1.15
DSCR
$3,522
Rent
$120
Cashflow
Cash Flow
$3,522 income − $3,402 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,982
Downpayment
20%
$62,840
Closing costs
1%
$3,142
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,522
Total Expenses
$3,402
Mortgage P&I
48%
$1,697
Property Taxes
11%
$397
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$387