This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $84,633 initial cash invested.
1.21%
Cash On Cash
7.18%
Cap Rate
1.12
DSCR
$2,968
Rent
$85
Cashflow
Cash Flow
$2,968 income − $2,883 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,633
Downpayment
20%
$63,460
Closing costs
1%
$3,173
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,968
Total Expenses
$2,883
Mortgage P&I
57%
$1,694
Property Taxes
2%
$68
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326