This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $80,979 initial cash invested.
2.53%
Cash On Cash
7.8%
Cap Rate
1.19
DSCR
$3,435
Rent
$171
Cashflow
Cash Flow
$3,435 income − $3,264 expenses = $171 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,435
Total Expenses
$3,264
Mortgage P&I
48%
$1,641
Property Taxes
10%
$351
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378