This property might be a fair Mid-Term investment with a projected 2.5% first-year return on $81,000 initial cash invested.
2.5%
Cash On Cash
7.58%
Cap Rate
1.19
DSCR
$3,297
Rent
$169
Cashflow
Cash Flow
$3,297 income − $3,128 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,297
Total Expenses
$3,128
Mortgage P&I
48%
$1,594
Property Taxes
9%
$307
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363