This property might be a fair Mid-Term investment with a projected 1.07% first-year return on $80,790 initial cash invested.
1.07%
Cash On Cash
7.47%
Cap Rate
1.11
DSCR
$2,985
Rent
$72
Cashflow
Cash Flow
$2,985 income − $2,913 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,985
Total Expenses
$2,913
Mortgage P&I
56%
$1,671
Property Taxes
4%
$123
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328