This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $81,525 initial cash invested.
1.03%
Cash On Cash
7.22%
Cap Rate
1.13
DSCR
$3,471
Rent
$70
Cashflow
Cash Flow
$3,471 income − $3,401 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,525
Downpayment
20%
$60,500
Closing costs
1%
$3,025
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,471
Total Expenses
$3,401
Mortgage P&I
46%
$1,610
Property Taxes
11%
$378
Home Insurance
3%
$107
HOA
4%
$125
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382