This property might be a fair Mid-Term investment with a projected 3.95% first-year return on $80,265 initial cash invested.
3.95%
Cash On Cash
7.71%
Cap Rate
1.25
DSCR
$2,876
Rent
$264
Cashflow
Cash Flow
$2,876 income − $2,612 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,265
Downpayment
20%
$59,300
Closing costs
1%
$2,965
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,876
Total Expenses
$2,612
Mortgage P&I
53%
$1,527
Property Taxes
0%
$4
Home Insurance
4%
$104
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316