This property might be a fair Mid-Term investment with a projected 8.46% first-year return on $83,308 initial cash invested.
8.46%
Cash On Cash
9.47%
Cap Rate
1.43
DSCR
$3,768
Rent
$587
Cashflow
Cash Flow
$3,768 income − $3,181 expenses = $587 cash flow
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,308
Downpayment
20%
$62,198
Closing costs
1%
$3,110
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,768
Total Expenses
$3,181
Mortgage P&I
46%
$1,715
Property Taxes
1%
$22
Home Insurance
3%
$109
HOA
1%
$54
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414