This property might be a fair Mid-Term investment with a projected 7.61% first-year return on $82,260 initial cash invested.
7.61%
Cash On Cash
9.13%
Cap Rate
1.4
DSCR
$3,530
Rent
$522
Cashflow
Cash Flow
$3,530 income − $3,008 expenses = $522 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,260
Downpayment
20%
$61,200
Closing costs
1%
$3,060
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$3,008
Mortgage P&I
47%
$1,665
Property Taxes
1%
$35
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388