This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $83,121 initial cash invested.
5.57%
Cash On Cash
8.64%
Cap Rate
1.31
DSCR
$3,588
Rent
$386
Cashflow
Cash Flow
$3,588 income − $3,202 expenses = $386 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,121
Downpayment
20%
$62,020
Closing costs
1%
$3,101
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,588
Total Expenses
$3,202
Mortgage P&I
47%
$1,703
Property Taxes
5%
$174
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395