This property might be a fair Mid-Term investment with a projected 4.77% first-year return on $85,032 initial cash invested.
4.77%
Cash On Cash
8.63%
Cap Rate
1.28
DSCR
$3,993
Rent
$338
Cashflow
Cash Flow
$3,993 income − $3,655 expenses = $338 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,032
Downpayment
20%
$63,840
Closing costs
1%
$3,192
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,993
Total Expenses
$3,655
Mortgage P&I
45%
$1,798
Property Taxes
10%
$387
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$479
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$439