This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $86,061 initial cash invested.
2.12%
Cash On Cash
7.67%
Cap Rate
1.16
DSCR
$3,494
Rent
$152
Cashflow
Cash Flow
$3,494 income − $3,342 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,061
Downpayment
20%
$64,820
Closing costs
1%
$3,241
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,494
Total Expenses
$3,342
Mortgage P&I
51%
$1,779
Property Taxes
7%
$245
Home Insurance
3%
$114
HOA
0%
$16
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384