This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $82,470 initial cash invested.
2.14%
Cash On Cash
7.62%
Cap Rate
1.16
DSCR
$3,177
Rent
$147
Cashflow
Cash Flow
$3,177 income − $3,030 expenses = $147 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,470
Downpayment
20%
$61,400
Closing costs
1%
$3,070
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,030
Mortgage P&I
53%
$1,675
Property Taxes
5%
$169
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349