This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $83,079 initial cash invested.
5.27%
Cash On Cash
8.42%
Cap Rate
1.3
DSCR
$3,378
Rent
$365
Cashflow
Cash Flow
$3,378 income − $3,013 expenses = $365 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,079
Downpayment
20%
$61,980
Closing costs
1%
$3,099
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,378
Total Expenses
$3,013
Mortgage P&I
50%
$1,675
Property Taxes
2%
$82
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372