This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $85,200 initial cash invested.
2.17%
Cash On Cash
7.59%
Cap Rate
1.17
DSCR
$3,465
Rent
$154
Cashflow
Cash Flow
$3,465 income − $3,311 expenses = $154 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,465
Total Expenses
$3,311
Mortgage P&I
50%
$1,732
Property Taxes
7%
$250
Home Insurance
4%
$126
HOA
1%
$24
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381