This property might be a fair Mid-Term investment with a projected 7.86% first-year return on $85,515 initial cash invested.
7.86%
Cash On Cash
9.1%
Cap Rate
1.41
DSCR
$3,825
Rent
$560
Cashflow
Cash Flow
$3,825 income − $3,265 expenses = $560 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,515
Downpayment
20%
$64,300
Closing costs
1%
$3,215
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,825
Total Expenses
$3,265
Mortgage P&I
45%
$1,724
Property Taxes
3%
$127
Home Insurance
3%
$113
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421