This property might be a fair Mid-Term investment with a projected 1.19% first-year return on $83,436 initial cash invested.
1.19%
Cash On Cash
7.59%
Cap Rate
1.13
DSCR
$3,418
Rent
$83
Cashflow
Cash Flow
$3,418 income − $3,335 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,436
Downpayment
20%
$62,320
Closing costs
1%
$3,116
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,418
Total Expenses
$3,335
Mortgage P&I
51%
$1,751
Property Taxes
9%
$313
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376