This property might be a fair Mid-Term investment with a projected 2.92% first-year return on $83,919 initial cash invested.
2.92%
Cash On Cash
7.99%
Cap Rate
1.2
DSCR
$3,414
Rent
$204
Cashflow
Cash Flow
$3,414 income − $3,210 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,414
Total Expenses
$3,210
Mortgage P&I
51%
$1,748
Property Taxes
6%
$195
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$102
Maintenance
4%
$137
Other
11%
$376