This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $74,685 initial cash invested.
1.33%
Cash On Cash
7.55%
Cap Rate
1.13
DSCR
$3,316
Rent
$83
Cashflow
Cash Flow
$3,316 income − $3,233 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,685
Downpayment
20%
$59,700
Closing costs
1%
$2,985
Rehab
0%
$0
Furnishing
4%
$12,000
Cashflow
Total Income
$3,316
Total Expenses
$3,233
Mortgage P&I
50%
$1,661
Property Taxes
10%
$340
Home Insurance
3%
$104
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365