This property might be a fair Mid-Term investment with a projected 7.63% first-year return on $80,257 initial cash invested.
7.63%
Cash On Cash
9.01%
Cap Rate
1.41
DSCR
$3,334
Rent
$510
Cashflow
Cash Flow
$3,334 income − $2,824 expenses = $510 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,257
Downpayment
20%
$59,292
Closing costs
1%
$2,965
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,334
Total Expenses
$2,824
Mortgage P&I
47%
$1,583
Property Taxes
0%
$4
Home Insurance
3%
$104
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367