This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $84,360 initial cash invested.
4.59%
Cash On Cash
8.15%
Cap Rate
1.27
DSCR
$3,290
Rent
$323
Cashflow
Cash Flow
$3,290 income − $2,967 expenses = $323 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,360
Downpayment
20%
$63,200
Closing costs
1%
$3,160
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$2,967
Mortgage P&I
51%
$1,690
Property Taxes
1%
$46
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362