This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $85,578 initial cash invested.
5.86%
Cash On Cash
8.17%
Cap Rate
1.34
DSCR
$3,422
Rent
$418
Cashflow
Cash Flow
$3,422 income − $3,004 expenses = $418 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,578
Downpayment
20%
$64,360
Closing costs
1%
$3,218
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,422
Total Expenses
$3,004
Mortgage P&I
48%
$1,637
Property Taxes
1%
$26
Home Insurance
3%
$114
HOA
2%
$63
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376