This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $80,998 initial cash invested.
2.83%
Cash On Cash
7.89%
Cap Rate
1.21
DSCR
$3,746
Rent
$191
Cashflow
Cash Flow
$3,746 income − $3,555 expenses = $191 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,998
Downpayment
20%
$59,998
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,746
Total Expenses
$3,555
Mortgage P&I
44%
$1,631
Property Taxes
13%
$478
Home Insurance
3%
$105
HOA
2%
$67
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412