This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $84,465 initial cash invested.
4.25%
Cash On Cash
7.71%
Cap Rate
1.27
DSCR
$3,360
Rent
$299
Cashflow
Cash Flow
$3,360 income − $3,061 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,465
Downpayment
20%
$63,300
Closing costs
1%
$3,165
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,360
Total Expenses
$3,061
Mortgage P&I
48%
$1,600
Property Taxes
6%
$200
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$370