This property might be a fair Mid-Term investment with a projected 2.49% first-year return on $85,200 initial cash invested.
2.49%
Cash On Cash
7.83%
Cap Rate
1.19
DSCR
$3,930
Rent
$177
Cashflow
Cash Flow
$3,930 income − $3,753 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,930
Total Expenses
$3,753
Mortgage P&I
45%
$1,753
Property Taxes
14%
$552
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$432