This property might be a fair Mid-Term investment with a projected 4.63% first-year return on $84,150 initial cash invested.
4.63%
Cash On Cash
7.94%
Cap Rate
1.28
DSCR
$3,326
Rent
$325
Cashflow
Cash Flow
$3,326 income − $3,001 expenses = $325 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,150
Downpayment
20%
$63,000
Closing costs
1%
$3,150
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,326
Total Expenses
$3,001
Mortgage P&I
49%
$1,626
Property Taxes
4%
$134
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366