This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $85,704 initial cash invested.
2.81%
Cash On Cash
7.33%
Cap Rate
1.2
DSCR
$3,321
Rent
$201
Cashflow
Cash Flow
$3,321 income − $3,120 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,704
Downpayment
20%
$64,480
Closing costs
1%
$3,224
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$3,120
Mortgage P&I
49%
$1,635
Property Taxes
7%
$239
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365