This property might be a fair Mid-Term investment with a projected 8.06% first-year return on $81,000 initial cash invested.
8.06%
Cash On Cash
9.55%
Cap Rate
1.41
DSCR
$3,903
Rent
$544
Cashflow
Cash Flow
$3,903 income − $3,359 expenses = $544 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.6%
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
$3,903
Total Expenses
$3,359
Mortgage P&I
43%
$1,688
Property Taxes
6%
$240
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429