This property might be a fair Mid-Term investment with a projected 1.96% first-year return on $85,095 initial cash invested.
1.96%
Cash On Cash
7.4%
Cap Rate
1.16
DSCR
$3,342
Rent
$139
Cashflow
Cash Flow
$3,342 income − $3,203 expenses = $139 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,095
Downpayment
20%
$63,900
Closing costs
1%
$3,195
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,342
Total Expenses
$3,203
Mortgage P&I
51%
$1,696
Property Taxes
8%
$255
Home Insurance
3%
$115
HOA
0%
$0
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368