This property might be a fair Mid-Term investment with a projected 6.18% first-year return on $83,751 initial cash invested.
6.18%
Cash On Cash
8.4%
Cap Rate
1.36
DSCR
$3,639
Rent
$431
Cashflow
Cash Flow
$3,639 income − $3,208 expenses = $431 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,751
Downpayment
20%
$62,620
Closing costs
1%
$3,131
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,639
Total Expenses
$3,208
Mortgage P&I
44%
$1,616
Property Taxes
7%
$238
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$400