This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $84,570 initial cash invested.
2.37%
Cash On Cash
7.66%
Cap Rate
1.17
DSCR
$3,350
Rent
$167
Cashflow
Cash Flow
$3,350 income − $3,183 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,570
Downpayment
20%
$63,400
Closing costs
1%
$3,170
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,350
Total Expenses
$3,183
Mortgage P&I
51%
$1,723
Property Taxes
6%
$198
Home Insurance
3%
$114
HOA
0%
$10
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368