This property might be a fair Mid-Term investment with a projected 1.05% first-year return on $84,633 initial cash invested.
1.05%
Cash On Cash
7.44%
Cap Rate
1.12
DSCR
$3,429
Rent
$74
Cashflow
Cash Flow
$3,429 income − $3,355 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,633
Downpayment
20%
$63,460
Closing costs
1%
$3,173
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,429
Total Expenses
$3,355
Mortgage P&I
51%
$1,756
Property Taxes
9%
$324
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377