This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $81,336 initial cash invested.
4.99%
Cash On Cash
8.45%
Cap Rate
1.29
DSCR
$3,474
Rent
$338
Cashflow
Cash Flow
$3,474 income − $3,136 expenses = $338 cash flow
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,336
Downpayment
20%
$60,320
Closing costs
1%
$3,016
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,474
Total Expenses
$3,136
Mortgage P&I
47%
$1,646
Property Taxes
6%
$201
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382