This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $83,667 initial cash invested.
1.32%
Cash On Cash
7.08%
Cap Rate
1.14
DSCR
$3,248
Rent
$92
Cashflow
Cash Flow
$3,248 income − $3,156 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,667
Downpayment
20%
$62,540
Closing costs
1%
$3,127
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,248
Total Expenses
$3,156
Mortgage P&I
50%
$1,624
Property Taxes
10%
$314
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357