This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $80,979 initial cash invested.
1.56%
Cash On Cash
7.43%
Cap Rate
1.14
DSCR
$3,090
Rent
$105
Cashflow
Cash Flow
$3,090 income − $2,985 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,090
Total Expenses
$2,985
Mortgage P&I
53%
$1,628
Property Taxes
6%
$200
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340