This property might be a fair Mid-Term investment with a projected 3.93% first-year return on $85,200 initial cash invested.
3.93%
Cash On Cash
8.14%
Cap Rate
1.25
DSCR
$3,832
Rent
$279
Cashflow
Cash Flow
$3,832 income − $3,553 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,832
Total Expenses
$3,553
Mortgage P&I
45%
$1,740
Property Taxes
10%
$398
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$422