This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $83,100 initial cash invested.
1.88%
Cash On Cash
7.68%
Cap Rate
1.15
DSCR
$3,177
Rent
$130
Cashflow
Cash Flow
$3,177 income − $3,047 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,047
Mortgage P&I
54%
$1,727
Property Taxes
4%
$133
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349