This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $81,000 initial cash invested.
3.01%
Cash On Cash
7.5%
Cap Rate
1.22
DSCR
$3,370
Rent
$203
Cashflow
Cash Flow
$3,370 income − $3,167 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,370
Total Expenses
$3,167
Mortgage P&I
46%
$1,536
Property Taxes
11%
$380
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371