This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $82,890 initial cash invested.
1.78%
Cash On Cash
7.15%
Cap Rate
1.15
DSCR
$3,069
Rent
$123
Cashflow
Cash Flow
$3,069 income − $2,946 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,890
Downpayment
20%
$61,800
Closing costs
1%
$3,090
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,069
Total Expenses
$2,946
Mortgage P&I
52%
$1,596
Property Taxes
6%
$198
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338