This property might be a fair Mid-Term investment with a projected 5.45% first-year return on $81,756 initial cash invested.
5.45%
Cash On Cash
8.83%
Cap Rate
1.3
DSCR
$3,674
Rent
$371
Cashflow
Cash Flow
$3,674 income − $3,303 expenses = $371 cash flow
Investment Breakdown
|
Purchase Price
$304k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,756
Downpayment
20%
$60,720
Closing costs
1%
$3,036
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,674
Total Expenses
$3,303
Mortgage P&I
47%
$1,716
Property Taxes
7%
$250
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404