This property might be a fair Mid-Term investment with a projected 9.16% first-year return on $81,084 initial cash invested.
9.16%
Cash On Cash
9.5%
Cap Rate
1.49
DSCR
$4,101
Rent
$619
Cashflow
Cash Flow
$4,101 income − $3,482 expenses = $619 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,084
Downpayment
20%
$60,080
Closing costs
1%
$3,004
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,101
Total Expenses
$3,482
Mortgage P&I
39%
$1,595
Property Taxes
10%
$391
Home Insurance
2%
$102
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451