This property might be a fair Mid-Term investment with a projected 4.83% first-year return on $80,748 initial cash invested.
4.83%
Cash On Cash
7.95%
Cap Rate
1.3
DSCR
$3,312
Rent
$325
Cashflow
Cash Flow
$3,312 income − $2,987 expenses = $325 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,748
Downpayment
20%
$59,760
Closing costs
1%
$2,988
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,312
Total Expenses
$2,987
Mortgage P&I
46%
$1,522
Property Taxes
4%
$148
Home Insurance
3%
$105
HOA
3%
$88
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364