This property might be a fair Mid-Term investment with a projected 5.66% first-year return on $84,612 initial cash invested.
5.66%
Cash On Cash
8.73%
Cap Rate
1.32
DSCR
$3,874
Rent
$399
Cashflow
Cash Flow
$3,874 income − $3,475 expenses = $399 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,612
Downpayment
20%
$63,440
Closing costs
1%
$3,172
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,874
Total Expenses
$3,475
Mortgage P&I
45%
$1,753
Property Taxes
8%
$291
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426