This property might be a fair Mid-Term investment with a projected 8.08% first-year return on $80,979 initial cash invested.
8.08%
Cash On Cash
9.13%
Cap Rate
1.43
DSCR
$3,567
Rent
$545
Cashflow
Cash Flow
$3,567 income − $3,022 expenses = $545 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,567
Total Expenses
$3,022
Mortgage P&I
45%
$1,594
Property Taxes
3%
$110
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392