This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $84,129 initial cash invested.
3.35%
Cash On Cash
7.96%
Cap Rate
1.23
DSCR
$3,764
Rent
$235
Cashflow
Cash Flow
$3,764 income − $3,529 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,129
Downpayment
20%
$62,980
Closing costs
1%
$3,149
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,764
Total Expenses
$3,529
Mortgage P&I
45%
$1,704
Property Taxes
12%
$434
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414