This property might be a fair Mid-Term investment with a projected 8.13% first-year return on $83,541 initial cash invested.
8.13%
Cash On Cash
9.09%
Cap Rate
1.44
DSCR
$3,801
Rent
$566
Cashflow
Cash Flow
$3,801 income − $3,235 expenses = $566 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,541
Downpayment
20%
$62,420
Closing costs
1%
$3,121
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,801
Total Expenses
$3,235
Mortgage P&I
43%
$1,646
Property Taxes
5%
$185
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418