This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $81,420 initial cash invested.
1.4%
Cash On Cash
7.69%
Cap Rate
1.13
DSCR
$3,315
Rent
$95
Cashflow
Cash Flow
$3,315 income − $3,220 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,420
Downpayment
20%
$60,400
Closing costs
1%
$3,020
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,315
Total Expenses
$3,220
Mortgage P&I
52%
$1,708
Property Taxes
9%
$310
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365