This property might be a fair Mid-Term investment with a projected 4.04% first-year return on $85,242 initial cash invested.
4.04%
Cash On Cash
8.25%
Cap Rate
1.26
DSCR
$4,197
Rent
$287
Cashflow
Cash Flow
$4,197 income − $3,910 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,242
Downpayment
20%
$64,040
Closing costs
1%
$3,202
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,197
Total Expenses
$3,910
Mortgage P&I
42%
$1,747
Property Taxes
9%
$373
Home Insurance
3%
$112
HOA
6%
$250
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462