This property might be a fair Mid-Term investment with a projected 1.29% first-year return on $80,979 initial cash invested.
1.29%
Cash On Cash
7.2%
Cap Rate
1.13
DSCR
$3,027
Rent
$87
Cashflow
Cash Flow
$3,027 income − $2,940 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,027
Total Expenses
$2,940
Mortgage P&I
53%
$1,592
Property Taxes
7%
$214
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333