This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $81,000 initial cash invested.
0.74%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$3,006
Rent
$50
Cashflow
Cash Flow
$3,006 income − $2,956 expenses = $50 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,006
Total Expenses
$2,956
Mortgage P&I
54%
$1,634
Property Taxes
6%
$195
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331