This property might be a fair Mid-Term investment with a projected 9.94% first-year return on $80,979 initial cash invested.
9.94%
Cash On Cash
9.88%
Cap Rate
1.51
DSCR
$4,004
Rent
$671
Cashflow
Cash Flow
$4,004 income − $3,333 expenses = $671 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,004
Total Expenses
$3,333
Mortgage P&I
41%
$1,637
Property Taxes
6%
$231
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$480
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$440