This property might be a fair Mid-Term investment with a projected 2.99% first-year return on $85,200 initial cash invested.
2.99%
Cash On Cash
7.79%
Cap Rate
1.21
DSCR
$3,638
Rent
$212
Cashflow
Cash Flow
$3,638 income − $3,426 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,638
Total Expenses
$3,426
Mortgage P&I
47%
$1,719
Property Taxes
10%
$357
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$400