This property might be a fair Mid-Term investment with a projected 1.39% first-year return on $80,496 initial cash invested.
1.39%
Cash On Cash
7.48%
Cap Rate
1.13
DSCR
$3,039
Rent
$93
Cashflow
Cash Flow
$3,039 income − $2,946 expenses = $93 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,496
Downpayment
20%
$59,520
Closing costs
1%
$2,976
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,039
Total Expenses
$2,946
Mortgage P&I
54%
$1,640
Property Taxes
6%
$167
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$334