This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $82,470 initial cash invested.
1.24%
Cash On Cash
7.04%
Cap Rate
1.13
DSCR
$3,018
Rent
$85
Cashflow
Cash Flow
$3,018 income − $2,933 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,470
Downpayment
20%
$61,400
Closing costs
1%
$3,070
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,018
Total Expenses
$2,933
Mortgage P&I
53%
$1,595
Property Taxes
7%
$203
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332