This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $82,281 initial cash invested.
7.09%
Cash On Cash
9.08%
Cap Rate
1.38
DSCR
$3,904
Rent
$486
Cashflow
Cash Flow
$3,904 income − $3,418 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,281
Downpayment
20%
$61,220
Closing costs
1%
$3,061
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,904
Total Expenses
$3,418
Mortgage P&I
43%
$1,675
Property Taxes
7%
$277
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429