This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $83,814 initial cash invested.
1.32%
Cash On Cash
7.32%
Cap Rate
1.13
DSCR
$3,231
Rent
$92
Cashflow
Cash Flow
$3,231 income − $3,139 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,814
Downpayment
20%
$62,680
Closing costs
1%
$3,134
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,231
Total Expenses
$3,139
Mortgage P&I
52%
$1,691
Property Taxes
7%
$234
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355