This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $85,515 initial cash invested.
1.59%
Cash On Cash
7.05%
Cap Rate
1.15
DSCR
$3,382
Rent
$113
Cashflow
Cash Flow
$3,382 income − $3,269 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,515
Downpayment
20%
$64,300
Closing costs
1%
$3,215
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,382
Total Expenses
$3,269
Mortgage P&I
49%
$1,641
Property Taxes
10%
$354
Home Insurance
3%
$114
HOA
0%
$11
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372