This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $84,402 initial cash invested.
1.89%
Cash On Cash
7.84%
Cap Rate
1.16
DSCR
$3,892
Rent
$133
Cashflow
Cash Flow
$3,892 income − $3,759 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$316k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,402
Downpayment
20%
$63,240
Closing costs
1%
$3,162
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,892
Total Expenses
$3,759
Mortgage P&I
46%
$1,777
Property Taxes
14%
$546
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428