This property might be a fair Mid-Term investment with a projected 7.08% first-year return on $85,095 initial cash invested.
7.08%
Cash On Cash
8.59%
Cap Rate
1.41
DSCR
$3,986
Rent
$502
Cashflow
Cash Flow
$3,986 income − $3,484 expenses = $502 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,095
Downpayment
20%
$63,900
Closing costs
1%
$3,195
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,986
Total Expenses
$3,484
Mortgage P&I
41%
$1,626
Property Taxes
10%
$392
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$120
Maintenance
4%
$159
Other
11%
$438