This property might be a fair Mid-Term investment with a projected 4.68% first-year return on $81,210 initial cash invested.
4.68%
Cash On Cash
8.27%
Cap Rate
1.28
DSCR
$3,544
Rent
$317
Cashflow
Cash Flow
$3,544 income − $3,227 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,210
Downpayment
20%
$60,200
Closing costs
1%
$3,010
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,544
Total Expenses
$3,227
Mortgage P&I
46%
$1,615
Property Taxes
8%
$296
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390