This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $80,769 initial cash invested.
1.47%
Cash On Cash
7.07%
Cap Rate
1.14
DSCR
$3,048
Rent
$99
Cashflow
Cash Flow
$3,048 income − $2,949 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,769
Downpayment
20%
$59,780
Closing costs
1%
$2,989
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,048
Total Expenses
$2,949
Mortgage P&I
51%
$1,541
Property Taxes
8%
$258
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335