This property might be a fair Mid-Term investment with a projected 2.33% first-year return on $82,554 initial cash invested.
2.33%
Cash On Cash
7.72%
Cap Rate
1.17
DSCR
$3,177
Rent
$160
Cashflow
Cash Flow
$3,177 income − $3,017 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,554
Downpayment
20%
$61,480
Closing costs
1%
$3,074
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,017
Mortgage P&I
53%
$1,690
Property Taxes
4%
$136
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349