This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $85,410 initial cash invested.
3.71%
Cash On Cash
8.26%
Cap Rate
1.23
DSCR
$3,908
Rent
$264
Cashflow
Cash Flow
$3,908 income − $3,644 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,410
Downpayment
20%
$64,200
Closing costs
1%
$3,210
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,908
Total Expenses
$3,644
Mortgage P&I
46%
$1,789
Property Taxes
11%
$415
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$469
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$430