This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $83,604 initial cash invested.
2.37%
Cash On Cash
7.65%
Cap Rate
1.19
DSCR
$3,720
Rent
$165
Cashflow
Cash Flow
$3,720 income − $3,555 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,604
Downpayment
20%
$62,480
Closing costs
1%
$3,124
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,720
Total Expenses
$3,555
Mortgage P&I
45%
$1,677
Property Taxes
14%
$503
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409