This property might be a fair Mid-Term investment with a projected 8.28% first-year return on $80,979 initial cash invested.
8.28%
Cash On Cash
9.55%
Cap Rate
1.43
DSCR
$4,050
Rent
$559
Cashflow
Cash Flow
$4,050 income − $3,491 expenses = $559 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,050
Total Expenses
$3,491
Mortgage P&I
41%
$1,666
Property Taxes
8%
$342
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446