This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $81,945 initial cash invested.
3.82%
Cash On Cash
8.35%
Cap Rate
1.23
DSCR
$3,468
Rent
$261
Cashflow
Cash Flow
$3,468 income − $3,207 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,945
Downpayment
20%
$60,900
Closing costs
1%
$3,045
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,468
Total Expenses
$3,207
Mortgage P&I
50%
$1,719
Property Taxes
6%
$202
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381