This property might be a fair Mid-Term investment with a projected 3.67% first-year return on $81,000 initial cash invested.
3.67%
Cash On Cash
7.99%
Cap Rate
1.26
DSCR
$3,944
Rent
$248
Cashflow
Cash Flow
$3,944 income − $3,696 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,944
Total Expenses
$3,696
Mortgage P&I
40%
$1,591
Property Taxes
17%
$659
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$473
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$434