This property might be a fair Mid-Term investment with a projected 3.33% first-year return on $84,381 initial cash invested.
3.33%
Cash On Cash
7.89%
Cap Rate
1.22
DSCR
$3,658
Rent
$234
Cashflow
Cash Flow
$3,658 income − $3,424 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,381
Downpayment
20%
$63,220
Closing costs
1%
$3,161
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,658
Total Expenses
$3,424
Mortgage P&I
46%
$1,698
Property Taxes
10%
$368
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402