This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $83,037 initial cash invested.
1.89%
Cash On Cash
7.32%
Cap Rate
1.16
DSCR
$3,111
Rent
$131
Cashflow
Cash Flow
$3,111 income − $2,980 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,037
Downpayment
20%
$61,940
Closing costs
1%
$3,097
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,111
Total Expenses
$2,980
Mortgage P&I
53%
$1,635
Property Taxes
4%
$134
Home Insurance
4%
$110
HOA
1%
$45
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342