This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $82,050 initial cash invested.
1.71%
Cash On Cash
7.07%
Cap Rate
1.15
DSCR
$2,937
Rent
$117
Cashflow
Cash Flow
$2,937 income − $2,820 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,050
Downpayment
20%
$61,000
Closing costs
1%
$3,050
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,937
Total Expenses
$2,820
Mortgage P&I
53%
$1,562
Property Taxes
5%
$153
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$323