This property might be a fair Mid-Term investment with a projected 3.65% first-year return on $82,617 initial cash invested.
3.65%
Cash On Cash
8.12%
Cap Rate
1.23
DSCR
$3,376
Rent
$251
Cashflow
Cash Flow
$3,376 income − $3,125 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,617
Downpayment
20%
$61,540
Closing costs
1%
$3,077
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,376
Total Expenses
$3,125
Mortgage P&I
50%
$1,695
Property Taxes
5%
$175
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371