This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $83,982 initial cash invested.
2.17%
Cash On Cash
7.52%
Cap Rate
1.16
DSCR
$3,156
Rent
$152
Cashflow
Cash Flow
$3,156 income − $3,004 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,982
Downpayment
20%
$62,840
Closing costs
1%
$3,142
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,156
Total Expenses
$3,004
Mortgage P&I
54%
$1,690
Property Taxes
4%
$140
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347