This property might be a fair Mid-Term investment with a projected 6.77% first-year return on $84,150 initial cash invested.
6.77%
Cash On Cash
8.45%
Cap Rate
1.39
DSCR
$3,681
Rent
$475
Cashflow
Cash Flow
$3,681 income − $3,206 expenses = $475 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,681
Total Expenses
$3,206
Mortgage P&I
43%
$1,596
Property Taxes
7%
$249
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405