This property might be a fair Mid-Term investment with a projected 3.1% first-year return on $82,785 initial cash invested.
3.1%
Cash On Cash
8.06%
Cap Rate
1.2
DSCR
$3,291
Rent
$214
Cashflow
Cash Flow
$3,291 income − $3,077 expenses = $214 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,785
Downpayment
20%
$61,700
Closing costs
1%
$3,085
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,291
Total Expenses
$3,077
Mortgage P&I
52%
$1,726
Property Taxes
5%
$154
Home Insurance
2%
$77
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362