This property might be a fair Mid-Term investment with a projected 6.64% first-year return on $80,916 initial cash invested.
6.64%
Cash On Cash
9.04%
Cap Rate
1.36
DSCR
$3,660
Rent
$448
Cashflow
Cash Flow
$3,660 income − $3,212 expenses = $448 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,916
Downpayment
20%
$59,920
Closing costs
1%
$2,996
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,660
Total Expenses
$3,212
Mortgage P&I
45%
$1,663
Property Taxes
6%
$214
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$403