This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $81,042 initial cash invested.
3.52%
Cash On Cash
8.05%
Cap Rate
1.24
DSCR
$3,658
Rent
$238
Cashflow
Cash Flow
$3,658 income − $3,420 expenses = $238 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,042
Downpayment
20%
$60,040
Closing costs
1%
$3,002
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,658
Total Expenses
$3,420
Mortgage P&I
45%
$1,630
Property Taxes
12%
$439
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402