This property might be a fair Mid-Term investment with a projected 2.72% first-year return on $83,079 initial cash invested.
2.72%
Cash On Cash
7.61%
Cap Rate
1.19
DSCR
$3,064
Rent
$188
Cashflow
Cash Flow
$3,064 income − $2,876 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,079
Downpayment
20%
$61,980
Closing costs
1%
$3,099
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,064
Total Expenses
$2,876
Mortgage P&I
54%
$1,653
Property Taxes
2%
$72
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337