This property might be a fair Mid-Term investment with a projected 9.78% first-year return on $80,979 initial cash invested.
9.78%
Cash On Cash
9.77%
Cap Rate
1.52
DSCR
$4,245
Rent
$660
Cashflow
Cash Flow
$4,245 income − $3,585 expenses = $660 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.1%
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
$4,245
Total Expenses
$3,585
Mortgage P&I
38%
$1,611
Property Taxes
10%
$426
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467