This property might be a fair Mid-Term investment with a projected 1.83% first-year return on $85,200 initial cash invested.
1.83%
Cash On Cash
7.41%
Cap Rate
1.17
DSCR
$3,770
Rent
$130
Cashflow
Cash Flow
$3,770 income − $3,640 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,770
Total Expenses
$3,640
Mortgage P&I
45%
$1,696
Property Taxes
14%
$546
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415