This property might be a fair Mid-Term investment with a projected 5.2% first-year return on $80,244 initial cash invested.
5.2%
Cash On Cash
8.28%
Cap Rate
1.34
DSCR
$4,132
Rent
$348
Cashflow
Cash Flow
$4,132 income − $3,784 expenses = $348 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,244
Downpayment
20%
$59,280
Closing costs
1%
$2,964
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,132
Total Expenses
$3,784
Mortgage P&I
37%
$1,531
Property Taxes
18%
$743
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455