This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $80,979 initial cash invested.
3.94%
Cash On Cash
7.96%
Cap Rate
1.25
DSCR
$3,188
Rent
$266
Cashflow
Cash Flow
$3,188 income − $2,922 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,188
Total Expenses
$2,922
Mortgage P&I
50%
$1,596
Property Taxes
3%
$89
Home Insurance
3%
$105
HOA
1%
$46
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351