This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $83,667 initial cash invested.
1.36%
Cash On Cash
6.98%
Cap Rate
1.14
DSCR
$3,063
Rent
$95
Cashflow
Cash Flow
$3,063 income − $2,968 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,667
Downpayment
20%
$62,540
Closing costs
1%
$3,127
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,063
Total Expenses
$2,968
Mortgage P&I
52%
$1,602
Property Taxes
7%
$201
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337