This property might be a fair Mid-Term investment with a projected 6.44% first-year return on $81,210 initial cash invested.
6.44%
Cash On Cash
8.58%
Cap Rate
1.38
DSCR
$3,918
Rent
$436
Cashflow
Cash Flow
$3,918 income − $3,482 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,210
Downpayment
20%
$60,200
Closing costs
1%
$3,010
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,918
Total Expenses
$3,482
Mortgage P&I
40%
$1,560
Property Taxes
12%
$475
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431