This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $80,433 initial cash invested.
1.09%
Cash On Cash
7.32%
Cap Rate
1.12
DSCR
$2,943
Rent
$73
Cashflow
Cash Flow
$2,943 income − $2,870 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,433
Downpayment
20%
$59,460
Closing costs
1%
$2,973
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,943
Total Expenses
$2,870
Mortgage P&I
55%
$1,622
Property Taxes
4%
$131
Home Insurance
4%
$116
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324