This property might be a fair Mid-Term investment with a projected 1.05% first-year return on $80,937 initial cash invested.
1.05%
Cash On Cash
7.38%
Cap Rate
1.12
DSCR
$3,016
Rent
$71
Cashflow
Cash Flow
$3,016 income − $2,945 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,937
Downpayment
20%
$59,940
Closing costs
1%
$2,997
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,016
Total Expenses
$2,945
Mortgage P&I
55%
$1,652
Property Taxes
5%
$153
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332