This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $80,391 initial cash invested.
0.73%
Cash On Cash
7.2%
Cap Rate
1.11
DSCR
$3,030
Rent
$49
Cashflow
Cash Flow
$3,030 income − $2,981 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,391
Downpayment
20%
$59,420
Closing costs
1%
$2,971
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,030
Total Expenses
$2,981
Mortgage P&I
53%
$1,613
Property Taxes
8%
$233
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333