This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $85,851 initial cash invested.
2.31%
Cash On Cash
7.74%
Cap Rate
1.17
DSCR
$3,504
Rent
$165
Cashflow
Cash Flow
$3,504 income − $3,339 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,851
Downpayment
20%
$64,620
Closing costs
1%
$3,231
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,504
Total Expenses
$3,339
Mortgage P&I
51%
$1,780
Property Taxes
6%
$213
Home Insurance
4%
$154
HOA
0%
$2
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385