This property might be a fair Mid-Term investment with a projected 1.9% first-year return on $83,583 initial cash invested.
1.9%
Cash On Cash
7.67%
Cap Rate
1.15
DSCR
$3,166
Rent
$132
Cashflow
Cash Flow
$3,166 income − $3,034 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,583
Downpayment
20%
$62,460
Closing costs
1%
$3,123
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,166
Total Expenses
$3,034
Mortgage P&I
55%
$1,737
Property Taxes
3%
$108
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348