This property might be a fair Mid-Term investment with a projected 6.67% first-year return on $81,861 initial cash invested.
6.67%
Cash On Cash
9.15%
Cap Rate
1.37
DSCR
$4,406
Rent
$455
Cashflow
Cash Flow
$4,406 income − $3,951 expenses = $455 cash flow
Investment Breakdown
|
Purchase Price
$304k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,861
Downpayment
20%
$60,820
Closing costs
1%
$3,041
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,406
Total Expenses
$3,951
Mortgage P&I
38%
$1,689
Property Taxes
15%
$650
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485