This property might be a fair Mid-Term investment with a projected 2.38% first-year return on $81,693 initial cash invested.
2.38%
Cash On Cash
7.3%
Cap Rate
1.19
DSCR
$3,267
Rent
$162
Cashflow
Cash Flow
$3,267 income − $3,105 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,693
Downpayment
20%
$60,660
Closing costs
1%
$3,033
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,267
Total Expenses
$3,105
Mortgage P&I
48%
$1,552
Property Taxes
10%
$335
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359