This property might be a fair Mid-Term investment with a projected 5.2% first-year return on $81,210 initial cash invested.
5.2%
Cash On Cash
8.22%
Cap Rate
1.32
DSCR
$3,540
Rent
$352
Cashflow
Cash Flow
$3,540 income − $3,188 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,210
Downpayment
20%
$60,200
Closing costs
1%
$3,010
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,540
Total Expenses
$3,188
Mortgage P&I
44%
$1,568
Property Taxes
9%
$311
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$389