This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $81,105 initial cash invested.
7.74%
Cash On Cash
9.13%
Cap Rate
1.42
DSCR
$3,885
Rent
$523
Cashflow
Cash Flow
$3,885 income − $3,362 expenses = $523 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,105
Downpayment
20%
$60,100
Closing costs
1%
$3,005
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,885
Total Expenses
$3,362
Mortgage P&I
41%
$1,609
Property Taxes
8%
$328
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$117
Maintenance
4%
$155
Other
11%
$427