This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $80,874 initial cash invested.
2.14%
Cash On Cash
7.65%
Cap Rate
1.16
DSCR
$3,111
Rent
$144
Cashflow
Cash Flow
$3,111 income − $2,967 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,874
Downpayment
20%
$59,880
Closing costs
1%
$2,994
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,111
Total Expenses
$2,967
Mortgage P&I
53%
$1,641
Property Taxes
5%
$162
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342