This property might be a fair Mid-Term investment with a projected 7.37% first-year return on $84,969 initial cash invested.
7.37%
Cash On Cash
9.17%
Cap Rate
1.38
DSCR
$3,884
Rent
$522
Cashflow
Cash Flow
$3,884 income − $3,362 expenses = $522 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,969
Downpayment
20%
$63,780
Closing costs
1%
$3,189
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,884
Total Expenses
$3,362
Mortgage P&I
45%
$1,760
Property Taxes
4%
$168
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$117
Maintenance
4%
$155
Other
11%
$427