This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $85,200 initial cash invested.
3.49%
Cash On Cash
8.05%
Cap Rate
1.21
DSCR
$3,254
Rent
$248
Cashflow
Cash Flow
$3,254 income − $3,006 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,254
Total Expenses
$3,006
Mortgage P&I
54%
$1,768
Property Taxes
0%
$4
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358