This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $82,386 initial cash invested.
1.89%
Cash On Cash
7.64%
Cap Rate
1.15
DSCR
$3,198
Rent
$130
Cashflow
Cash Flow
$3,198 income − $3,068 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,386
Downpayment
20%
$61,320
Closing costs
1%
$3,066
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,198
Total Expenses
$3,068
Mortgage P&I
53%
$1,695
Property Taxes
5%
$175
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352