This property might be a fair Mid-Term investment with a projected 4.4% first-year return on $83,814 initial cash invested.
4.4%
Cash On Cash
8.37%
Cap Rate
1.27
DSCR
$3,862
Rent
$307
Cashflow
Cash Flow
$3,862 income − $3,555 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,814
Downpayment
20%
$62,680
Closing costs
1%
$3,134
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,862
Total Expenses
$3,555
Mortgage P&I
45%
$1,726
Property Taxes
10%
$403
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$425