This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $80,937 initial cash invested.
1.45%
Cash On Cash
7.43%
Cap Rate
1.13
DSCR
$3,026
Rent
$98
Cashflow
Cash Flow
$3,026 income − $2,928 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,937
Downpayment
20%
$59,940
Closing costs
1%
$2,997
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,026
Total Expenses
$2,928
Mortgage P&I
54%
$1,636
Property Taxes
5%
$158
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333