This property might be a fair Mid-Term investment with a projected 3.44% first-year return on $84,150 initial cash invested.
3.44%
Cash On Cash
8.06%
Cap Rate
1.22
DSCR
$3,534
Rent
$241
Cashflow
Cash Flow
$3,534 income − $3,293 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,150
Downpayment
20%
$63,000
Closing costs
1%
$3,150
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,534
Total Expenses
$3,293
Mortgage P&I
49%
$1,734
Property Taxes
7%
$246
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389