This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $85,347 initial cash invested.
1.27%
Cash On Cash
7.33%
Cap Rate
1.13
DSCR
$3,390
Rent
$90
Cashflow
Cash Flow
$3,390 income − $3,300 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,347
Downpayment
20%
$64,140
Closing costs
1%
$3,207
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,390
Total Expenses
$3,300
Mortgage P&I
51%
$1,733
Property Taxes
8%
$282
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373