This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $82,806 initial cash invested.
1.28%
Cash On Cash
7.51%
Cap Rate
1.13
DSCR
$3,536
Rent
$88
Cashflow
Cash Flow
$3,536 income − $3,448 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,806
Downpayment
20%
$61,720
Closing costs
1%
$3,086
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,536
Total Expenses
$3,448
Mortgage P&I
48%
$1,703
Property Taxes
13%
$453
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389