This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $84,885 initial cash invested.
2.57%
Cash On Cash
7.68%
Cap Rate
1.19
DSCR
$3,446
Rent
$182
Cashflow
Cash Flow
$3,446 income − $3,264 expenses = $182 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,885
Downpayment
20%
$63,700
Closing costs
1%
$3,185
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,446
Total Expenses
$3,264
Mortgage P&I
50%
$1,719
Property Taxes
7%
$257
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379