This property might be a fair Mid-Term investment with a projected 5.43% first-year return on $85,767 initial cash invested.
5.43%
Cash On Cash
8.53%
Cap Rate
1.31
DSCR
$3,982
Rent
$388
Cashflow
Cash Flow
$3,982 income − $3,594 expenses = $388 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,767
Downpayment
20%
$64,540
Closing costs
1%
$3,227
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,982
Total Expenses
$3,594
Mortgage P&I
44%
$1,747
Property Taxes
10%
$380
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438