This property might be a fair Mid-Term investment with a projected 2.49% first-year return on $85,431 initial cash invested.
2.49%
Cash On Cash
7.73%
Cap Rate
1.19
DSCR
$3,669
Rent
$177
Cashflow
Cash Flow
$3,669 income − $3,492 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,431
Downpayment
20%
$64,220
Closing costs
1%
$3,211
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,669
Total Expenses
$3,492
Mortgage P&I
48%
$1,745
Property Taxes
11%
$387
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404