This property might be a fair Mid-Term investment with a projected 6.83% first-year return on $80,937 initial cash invested.
6.83%
Cash On Cash
9.11%
Cap Rate
1.37
DSCR
$3,849
Rent
$461
Cashflow
Cash Flow
$3,849 income − $3,388 expenses = $461 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,849
Total Expenses
$3,388
Mortgage P&I
43%
$1,660
Property Taxes
9%
$331
Home Insurance
2%
$89
HOA
0%
$0
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$423