This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $82,050 initial cash invested.
1.52%
Cash On Cash
7.45%
Cap Rate
1.14
DSCR
$3,278
Rent
$104
Cashflow
Cash Flow
$3,278 income − $3,174 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,050
Downpayment
20%
$61,000
Closing costs
1%
$3,050
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,278
Total Expenses
$3,174
Mortgage P&I
51%
$1,658
Property Taxes
9%
$295
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361