This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $84,675 initial cash invested.
2.41%
Cash On Cash
7.74%
Cap Rate
1.18
DSCR
$3,648
Rent
$170
Cashflow
Cash Flow
$3,648 income − $3,478 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,675
Downpayment
20%
$63,500
Closing costs
1%
$3,175
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,648
Total Expenses
$3,478
Mortgage P&I
47%
$1,731
Property Taxes
11%
$396
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$438
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401