This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $84,465 initial cash invested.
3.3%
Cash On Cash
7.64%
Cap Rate
1.22
DSCR
$3,448
Rent
$232
Cashflow
Cash Flow
$3,448 income − $3,216 expenses = $232 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,465
Downpayment
20%
$63,300
Closing costs
1%
$3,165
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,448
Total Expenses
$3,216
Mortgage P&I
48%
$1,645
Property Taxes
8%
$287
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379