This property might be a fair Mid-Term investment with a projected 2.23% first-year return on $85,179 initial cash invested.
2.23%
Cash On Cash
7.66%
Cap Rate
1.16
DSCR
$3,202
Rent
$158
Cashflow
Cash Flow
$3,202 income − $3,044 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,179
Downpayment
20%
$63,980
Closing costs
1%
$3,199
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,044
Mortgage P&I
55%
$1,757
Property Taxes
3%
$87
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352