This property might be a fair Mid-Term investment with a projected 3.31% first-year return on $84,549 initial cash invested.
3.31%
Cash On Cash
7.43%
Cap Rate
1.22
DSCR
$3,148
Rent
$233
Cashflow
Cash Flow
$3,148 income − $2,915 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,549
Downpayment
20%
$63,380
Closing costs
1%
$3,169
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,148
Total Expenses
$2,915
Mortgage P&I
51%
$1,602
Property Taxes
4%
$132
Home Insurance
4%
$111
HOA
0%
$0
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346