This property might be a fair Mid-Term investment with a projected 2.1% first-year return on $81,000 initial cash invested.
2.1%
Cash On Cash
7.54%
Cap Rate
1.17
DSCR
$3,136
Rent
$142
Cashflow
Cash Flow
$3,136 income − $2,994 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,136
Total Expenses
$2,994
Mortgage P&I
52%
$1,617
Property Taxes
6%
$198
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345