This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $81,630 initial cash invested.
1.12%
Cash On Cash
7.38%
Cap Rate
1.12
DSCR
$3,212
Rent
$76
Cashflow
Cash Flow
$3,212 income − $3,136 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,630
Downpayment
20%
$60,600
Closing costs
1%
$3,030
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,212
Total Expenses
$3,136
Mortgage P&I
52%
$1,660
Property Taxes
7%
$240
Home Insurance
3%
$106
HOA
1%
$40
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353