This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $85,179 initial cash invested.
4.07%
Cash On Cash
7.69%
Cap Rate
1.26
DSCR
$3,454
Rent
$289
Cashflow
Cash Flow
$3,454 income − $3,165 expenses = $289 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,179
Downpayment
20%
$63,980
Closing costs
1%
$3,199
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,454
Total Expenses
$3,165
Mortgage P&I
47%
$1,622
Property Taxes
7%
$257
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380