This property might be a fair Mid-Term investment with a projected 1.79% first-year return on $82,638 initial cash invested.
1.79%
Cash On Cash
7.53%
Cap Rate
1.15
DSCR
$3,362
Rent
$123
Cashflow
Cash Flow
$3,362 income − $3,239 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,638
Downpayment
20%
$61,560
Closing costs
1%
$3,078
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,362
Total Expenses
$3,239
Mortgage P&I
50%
$1,674
Property Taxes
9%
$309
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$370