This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $82,029 initial cash invested.
1.24%
Cash On Cash
7.5%
Cap Rate
1.12
DSCR
$3,126
Rent
$85
Cashflow
Cash Flow
$3,126 income − $3,041 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,029
Downpayment
20%
$60,980
Closing costs
1%
$3,049
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,126
Total Expenses
$3,041
Mortgage P&I
54%
$1,695
Property Taxes
6%
$173
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344