This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $85,179 initial cash invested.
4.03%
Cash On Cash
8.31%
Cap Rate
1.25
DSCR
$3,852
Rent
$286
Cashflow
Cash Flow
$3,852 income − $3,566 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,852
Total Expenses
$3,566
Mortgage P&I
46%
$1,776
Property Taxes
10%
$368
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424