This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $83,520 initial cash invested.
2.17%
Cash On Cash
7.52%
Cap Rate
1.18
DSCR
$3,596
Rent
$151
Cashflow
Cash Flow
$3,596 income − $3,445 expenses = $151 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,520
Downpayment
20%
$62,400
Closing costs
1%
$3,120
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,596
Total Expenses
$3,445
Mortgage P&I
46%
$1,660
Property Taxes
13%
$452
Home Insurance
3%
$109
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396