This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $81,609 initial cash invested.
4.88%
Cash On Cash
7.95%
Cap Rate
1.3
DSCR
$3,243
Rent
$332
Cashflow
Cash Flow
$3,243 income − $2,911 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,609
Downpayment
20%
$60,580
Closing costs
1%
$3,029
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,243
Total Expenses
$2,911
Mortgage P&I
48%
$1,545
Property Taxes
4%
$131
Home Insurance
3%
$106
HOA
1%
$26
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357