This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $85,326 initial cash invested.
2.35%
Cash On Cash
7.65%
Cap Rate
1.18
DSCR
$3,753
Rent
$167
Cashflow
Cash Flow
$3,753 income − $3,586 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,326
Downpayment
20%
$64,120
Closing costs
1%
$3,206
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,753
Total Expenses
$3,586
Mortgage P&I
46%
$1,728
Property Taxes
13%
$480
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413