This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $83,100 initial cash invested.
1.86%
Cash On Cash
7.22%
Cap Rate
1.15
DSCR
$2,934
Rent
$129
Cashflow
Cash Flow
$2,934 income − $2,805 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,934
Total Expenses
$2,805
Mortgage P&I
55%
$1,620
Property Taxes
3%
$80
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$323