This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $83,646 initial cash invested.
1.36%
Cash On Cash
7.52%
Cap Rate
1.13
DSCR
$3,082
Rent
$95
Cashflow
Cash Flow
$3,082 income − $2,987 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,646
Downpayment
20%
$62,520
Closing costs
1%
$3,126
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,082
Total Expenses
$2,987
Mortgage P&I
56%
$1,740
Property Taxes
2%
$69
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339