This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $80,160 initial cash invested.
0.99%
Cash On Cash
7.45%
Cap Rate
1.12
DSCR
$3,207
Rent
$66
Cashflow
Cash Flow
$3,207 income − $3,141 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,160
Downpayment
20%
$59,200
Closing costs
1%
$2,960
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,207
Total Expenses
$3,141
Mortgage P&I
51%
$1,643
Property Taxes
8%
$265
Home Insurance
3%
$105
HOA
1%
$38
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353