This property might be a fair Mid-Term investment with a projected 2.21% first-year return on $81,000 initial cash invested.
2.21%
Cash On Cash
8.04%
Cap Rate
1.16
DSCR
$3,318
Rent
$149
Cashflow
Cash Flow
$3,318 income − $3,169 expenses = $149 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.8%
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
$3,318
Total Expenses
$3,169
Mortgage P&I
52%
$1,729
Property Taxes
6%
$199
Home Insurance
3%
$105
HOA
0%
$7
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365