This property might be a fair Mid-Term investment with a projected 4% first-year return on $82,155 initial cash invested.
4%
Cash On Cash
8.1%
Cap Rate
1.25
DSCR
$3,512
Rent
$274
Cashflow
Cash Flow
$3,512 income − $3,238 expenses = $274 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,155
Downpayment
20%
$61,100
Closing costs
1%
$3,055
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,512
Total Expenses
$3,238
Mortgage P&I
47%
$1,649
Property Taxes
8%
$289
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386