This property might be a fair Mid-Term investment with a projected 5.44% first-year return on $83,100 initial cash invested.
5.44%
Cash On Cash
8.26%
Cap Rate
1.32
DSCR
$3,624
Rent
$377
Cashflow
Cash Flow
$3,624 income − $3,247 expenses = $377 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,624
Total Expenses
$3,247
Mortgage P&I
44%
$1,611
Property Taxes
8%
$295
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399