This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $81,378 initial cash invested.
2.14%
Cash On Cash
7.31%
Cap Rate
1.17
DSCR
$3,159
Rent
$145
Cashflow
Cash Flow
$3,159 income − $3,014 expenses = $145 cash flow
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,378
Downpayment
20%
$60,360
Closing costs
1%
$3,018
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,159
Total Expenses
$3,014
Mortgage P&I
50%
$1,567
Property Taxes
8%
$266
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347