This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $84,780 initial cash invested.
3.43%
Cash On Cash
8.08%
Cap Rate
1.23
DSCR
$3,818
Rent
$242
Cashflow
Cash Flow
$3,818 income − $3,576 expenses = $242 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,780
Downpayment
20%
$63,600
Closing costs
1%
$3,180
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,818
Total Expenses
$3,576
Mortgage P&I
46%
$1,746
Property Taxes
11%
$417
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420