This property might be a fair Mid-Term investment with a projected 7% first-year return on $83,268 initial cash invested.
7%
Cash On Cash
8.64%
Cap Rate
1.41
DSCR
$4,150
Rent
$486
Cashflow
Cash Flow
$4,150 income − $3,664 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,268
Downpayment
20%
$62,160
Closing costs
1%
$3,108
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,150
Total Expenses
$3,664
Mortgage P&I
38%
$1,586
Property Taxes
13%
$558
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456