This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $83,163 initial cash invested.
4.69%
Cash On Cash
8.11%
Cap Rate
1.29
DSCR
$3,782
Rent
$325
Cashflow
Cash Flow
$3,782 income − $3,457 expenses = $325 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,163
Downpayment
20%
$62,060
Closing costs
1%
$3,103
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,782
Total Expenses
$3,457
Mortgage P&I
43%
$1,620
Property Taxes
12%
$444
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416