This property might be a fair Mid-Term investment with a projected 2.6% first-year return on $81,315 initial cash invested.
2.6%
Cash On Cash
7.73%
Cap Rate
1.2
DSCR
$3,854
Rent
$176
Cashflow
Cash Flow
$3,854 income − $3,678 expenses = $176 cash flow
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,315
Downpayment
20%
$60,300
Closing costs
1%
$3,015
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,854
Total Expenses
$3,678
Mortgage P&I
42%
$1,611
Property Taxes
17%
$652
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424