This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $84,234 initial cash invested.
1.85%
Cash On Cash
7.37%
Cap Rate
1.15
DSCR
$3,230
Rent
$130
Cashflow
Cash Flow
$3,230 income − $3,100 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,234
Downpayment
20%
$63,080
Closing costs
1%
$3,154
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,230
Total Expenses
$3,100
Mortgage P&I
52%
$1,678
Property Taxes
6%
$208
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355