This property might be a fair Mid-Term investment with a projected 6.61% first-year return on $84,822 initial cash invested.
6.61%
Cash On Cash
8.98%
Cap Rate
1.36
DSCR
$4,070
Rent
$467
Cashflow
Cash Flow
$4,070 income − $3,603 expenses = $467 cash flow
Investment Breakdown
|
Purchase Price
$318k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,822
Downpayment
20%
$63,640
Closing costs
1%
$3,182
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,070
Total Expenses
$3,603
Mortgage P&I
43%
$1,750
Property Taxes
8%
$334
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448