This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $81,273 initial cash invested.
2.83%
Cash On Cash
7.97%
Cap Rate
1.2
DSCR
$3,636
Rent
$192
Cashflow
Cash Flow
$3,636 income − $3,444 expenses = $192 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,273
Downpayment
20%
$60,260
Closing costs
1%
$3,013
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,636
Total Expenses
$3,444
Mortgage P&I
46%
$1,665
Property Taxes
12%
$448
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$400