This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $81,126 initial cash invested.
5.01%
Cash On Cash
8.31%
Cap Rate
1.29
DSCR
$3,374
Rent
$339
Cashflow
Cash Flow
$3,374 income − $3,035 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,126
Downpayment
20%
$60,120
Closing costs
1%
$3,006
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,374
Total Expenses
$3,035
Mortgage P&I
48%
$1,608
Property Taxes
4%
$147
Home Insurance
3%
$108
HOA
1%
$25
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371