This property might be a fair Mid-Term investment with a projected 9.16% first-year return on $84,213 initial cash invested.
9.16%
Cash On Cash
9.56%
Cap Rate
1.47
DSCR
$3,960
Rent
$643
Cashflow
Cash Flow
$3,960 income − $3,317 expenses = $643 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,213
Downpayment
20%
$63,060
Closing costs
1%
$3,153
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,960
Total Expenses
$3,317
Mortgage P&I
43%
$1,710
Property Taxes
4%
$142
Home Insurance
3%
$115
HOA
0%
$4
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$436