This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $84,150 initial cash invested.
1.1%
Cash On Cash
7.14%
Cap Rate
1.12
DSCR
$3,226
Rent
$77
Cashflow
Cash Flow
$3,226 income − $3,149 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,150
Downpayment
20%
$63,000
Closing costs
1%
$3,150
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,226
Total Expenses
$3,149
Mortgage P&I
52%
$1,669
Property Taxes
8%
$273
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355