This property might be a fair Mid-Term investment with a projected 6.62% first-year return on $80,998 initial cash invested.
6.62%
Cash On Cash
9.16%
Cap Rate
1.37
DSCR
$4,395
Rent
$447
Cashflow
Cash Flow
$4,395 income − $3,948 expenses = $447 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,998
Downpayment
20%
$59,998
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,395
Total Expenses
$3,948
Mortgage P&I
38%
$1,666
Property Taxes
16%
$683
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$527
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$483