This property might be a fair Mid-Term investment with a projected 2.77% first-year return on $81,966 initial cash invested.
2.77%
Cash On Cash
7.76%
Cap Rate
1.2
DSCR
$3,398
Rent
$189
Cashflow
Cash Flow
$3,398 income − $3,209 expenses = $189 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,966
Downpayment
20%
$60,920
Closing costs
1%
$3,046
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,398
Total Expenses
$3,209
Mortgage P&I
48%
$1,644
Property Taxes
9%
$306
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374