This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $82,596 initial cash invested.
3.18%
Cash On Cash
8.01%
Cap Rate
1.21
DSCR
$3,387
Rent
$219
Cashflow
Cash Flow
$3,387 income − $3,168 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,596
Downpayment
20%
$61,520
Closing costs
1%
$3,076
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,387
Total Expenses
$3,168
Mortgage P&I
50%
$1,698
Property Taxes
6%
$209
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$102
Maintenance
4%
$135
Other
11%
$373