This property might be a fair Mid-Term investment with a projected 3.59% first-year return on $84,486 initial cash invested.
3.59%
Cash On Cash
7.95%
Cap Rate
1.25
DSCR
$4,062
Rent
$253
Cashflow
Cash Flow
$4,062 income − $3,809 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,486
Downpayment
20%
$63,320
Closing costs
1%
$3,166
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,062
Total Expenses
$3,809
Mortgage P&I
41%
$1,683
Property Taxes
11%
$428
Home Insurance
3%
$104
HOA
5%
$214
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447