This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $84,129 initial cash invested.
2.07%
Cash On Cash
7.59%
Cap Rate
1.16
DSCR
$3,171
Rent
$145
Cashflow
Cash Flow
$3,171 income − $3,026 expenses = $145 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,129
Downpayment
20%
$62,980
Closing costs
1%
$3,149
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,171
Total Expenses
$3,026
Mortgage P&I
54%
$1,719
Property Taxes
4%
$116
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349