This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $81,630 initial cash invested.
2.31%
Cash On Cash
7.71%
Cap Rate
1.17
DSCR
$3,182
Rent
$157
Cashflow
Cash Flow
$3,182 income − $3,025 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,630
Downpayment
20%
$60,600
Closing costs
1%
$3,030
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$3,025
Mortgage P&I
52%
$1,664
Property Taxes
5%
$164
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350