This property might be a fair Mid-Term investment with a projected 3.32% first-year return on $84,150 initial cash invested.
3.32%
Cash On Cash
7.83%
Cap Rate
1.21
DSCR
$3,237
Rent
$233
Cashflow
Cash Flow
$3,237 income − $3,004 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,237
Total Expenses
$3,004
Mortgage P&I
52%
$1,693
Property Taxes
3%
$102
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356