This property might be a fair Mid-Term investment with a projected 2.01% first-year return on $81,714 initial cash invested.
2.01%
Cash On Cash
7.21%
Cap Rate
1.19
DSCR
$3,693
Rent
$137
Cashflow
Cash Flow
$3,693 income − $3,556 expenses = $137 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,714
Downpayment
20%
$60,680
Closing costs
1%
$3,034
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,693
Total Expenses
$3,556
Mortgage P&I
42%
$1,539
Property Taxes
18%
$653
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406