This property might be a fair Mid-Term investment with a projected 3.78% first-year return on $84,990 initial cash invested.
3.78%
Cash On Cash
7.76%
Cap Rate
1.24
DSCR
$3,214
Rent
$268
Cashflow
Cash Flow
$3,214 income − $2,946 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,990
Downpayment
20%
$63,800
Closing costs
1%
$3,190
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,214
Total Expenses
$2,946
Mortgage P&I
52%
$1,666
Property Taxes
2%
$74
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$96
Maintenance
4%
$129
Other
11%
$354