This property might be a fair Mid-Term investment with a projected 3.91% first-year return on $84,381 initial cash invested.
3.91%
Cash On Cash
8.25%
Cap Rate
1.23
DSCR
$3,310
Rent
$275
Cashflow
Cash Flow
$3,310 income − $3,035 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,381
Downpayment
20%
$63,220
Closing costs
1%
$3,161
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,310
Total Expenses
$3,035
Mortgage P&I
53%
$1,767
Property Taxes
0%
$10
Home Insurance
3%
$111
HOA
1%
$23
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364