This property might be a fair Mid-Term investment with a projected 5.05% first-year return on $80,979 initial cash invested.
5.05%
Cash On Cash
8.54%
Cap Rate
1.3
DSCR
$3,819
Rent
$341
Cashflow
Cash Flow
$3,819 income − $3,478 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,819
Total Expenses
$3,478
Mortgage P&I
43%
$1,641
Property Taxes
11%
$433
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420