This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $82,617 initial cash invested.
1.09%
Cash On Cash
7.35%
Cap Rate
1.11
DSCR
$2,836
Rent
$75
Cashflow
Cash Flow
$2,836 income − $2,761 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,617
Downpayment
20%
$61,540
Closing costs
1%
$3,077
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,836
Total Expenses
$2,761
Mortgage P&I
60%
$1,697
Property Taxes
0%
$7
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312