This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $83,226 initial cash invested.
4.71%
Cash On Cash
8.27%
Cap Rate
1.29
DSCR
$3,762
Rent
$327
Cashflow
Cash Flow
$3,762 income − $3,435 expenses = $327 cash flow
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,226
Downpayment
20%
$62,120
Closing costs
1%
$3,106
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,762
Total Expenses
$3,435
Mortgage P&I
44%
$1,663
Property Taxes
10%
$384
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$451
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$414