This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $80,853 initial cash invested.
3.61%
Cash On Cash
7.59%
Cap Rate
1.25
DSCR
$3,272
Rent
$243
Cashflow
Cash Flow
$3,272 income − $3,029 expenses = $243 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,853
Downpayment
20%
$59,860
Closing costs
1%
$2,993
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,272
Total Expenses
$3,029
Mortgage P&I
46%
$1,518
Property Taxes
7%
$220
Home Insurance
4%
$136
HOA
1%
$42
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360