This property might be a fair Mid-Term investment with a projected 1.8% first-year return on $82,575 initial cash invested.
1.8%
Cash On Cash
7.71%
Cap Rate
1.16
DSCR
$3,876
Rent
$124
Cashflow
Cash Flow
$3,876 income − $3,752 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,575
Downpayment
20%
$61,500
Closing costs
1%
$3,075
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,876
Total Expenses
$3,752
Mortgage P&I
44%
$1,697
Property Taxes
16%
$629
Home Insurance
3%
$108
HOA
0%
$1
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426