This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $86,502 initial cash invested.
1.58%
Cash On Cash
7.31%
Cap Rate
1.14
DSCR
$3,351
Rent
$114
Cashflow
Cash Flow
$3,351 income − $3,237 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,502
Downpayment
20%
$65,240
Closing costs
1%
$3,262
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,351
Total Expenses
$3,237
Mortgage P&I
52%
$1,740
Property Taxes
7%
$240
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369