This property might be a fair Mid-Term investment with a projected 6.33% first-year return on $82,239 initial cash invested.
6.33%
Cash On Cash
8.48%
Cap Rate
1.37
DSCR
$3,706
Rent
$434
Cashflow
Cash Flow
$3,706 income − $3,272 expenses = $434 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,239
Downpayment
20%
$61,180
Closing costs
1%
$3,059
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,706
Total Expenses
$3,272
Mortgage P&I
43%
$1,580
Property Taxes
9%
$322
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408