This property might be a fair Mid-Term investment with a projected 5.69% first-year return on $85,473 initial cash invested.
5.69%
Cash On Cash
8.12%
Cap Rate
1.34
DSCR
$3,608
Rent
$405
Cashflow
Cash Flow
$3,608 income − $3,203 expenses = $405 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,473
Downpayment
20%
$64,260
Closing costs
1%
$3,213
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,608
Total Expenses
$3,203
Mortgage P&I
45%
$1,625
Property Taxes
7%
$238
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397