This property might be a fair Mid-Term investment with a projected 6.79% first-year return on $85,242 initial cash invested.
6.79%
Cash On Cash
9.11%
Cap Rate
1.38
DSCR
$4,564
Rent
$482
Cashflow
Cash Flow
$4,564 income − $4,082 expenses = $482 cash flow
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,242
Downpayment
20%
$64,040
Closing costs
1%
$3,202
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,564
Total Expenses
$4,082
Mortgage P&I
39%
$1,765
Property Taxes
13%
$611
Home Insurance
3%
$153
HOA
0%
$0
Property Management
12%
$548
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$502