This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $80,790 initial cash invested.
4.17%
Cash On Cash
8.24%
Cap Rate
1.25
DSCR
$3,380
Rent
$281
Cashflow
Cash Flow
$3,380 income − $3,099 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,380
Total Expenses
$3,099
Mortgage P&I
48%
$1,637
Property Taxes
5%
$172
Home Insurance
3%
$105
HOA
1%
$36
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372