This property might be a fair Mid-Term investment with a projected 3.87% first-year return on $84,024 initial cash invested.
3.87%
Cash On Cash
8.07%
Cap Rate
1.25
DSCR
$3,873
Rent
$271
Cashflow
Cash Flow
$3,873 income − $3,602 expenses = $271 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,024
Downpayment
20%
$62,880
Closing costs
1%
$3,144
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,873
Total Expenses
$3,602
Mortgage P&I
44%
$1,689
Property Taxes
13%
$498
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426