This property might be a fair Mid-Term investment with a projected 1.44% first-year return on $80,790 initial cash invested.
1.44%
Cash On Cash
7.53%
Cap Rate
1.15
DSCR
$3,807
Rent
$97
Cashflow
Cash Flow
$3,807 income − $3,710 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,807
Total Expenses
$3,710
Mortgage P&I
43%
$1,628
Property Taxes
18%
$683
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$457
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$419