This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $85,095 initial cash invested.
4.39%
Cash On Cash
8.1%
Cap Rate
1.27
DSCR
$3,609
Rent
$311
Cashflow
Cash Flow
$3,609 income − $3,298 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,095
Downpayment
20%
$63,900
Closing costs
1%
$3,195
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,609
Total Expenses
$3,298
Mortgage P&I
47%
$1,702
Property Taxes
7%
$256
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397