This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $84,108 initial cash invested.
3.54%
Cash On Cash
8.05%
Cap Rate
1.24
DSCR
$4,142
Rent
$248
Cashflow
Cash Flow
$4,142 income − $3,894 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,108
Downpayment
20%
$62,960
Closing costs
1%
$3,148
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,142
Total Expenses
$3,894
Mortgage P&I
41%
$1,698
Property Taxes
16%
$675
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456