This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $86,082 initial cash invested.
3.61%
Cash On Cash
7.7%
Cap Rate
1.25
DSCR
$4,078
Rent
$259
Cashflow
Cash Flow
$4,078 income − $3,819 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,082
Downpayment
20%
$64,840
Closing costs
1%
$3,242
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,078
Total Expenses
$3,819
Mortgage P&I
41%
$1,659
Property Taxes
16%
$658
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449