This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $82,764 initial cash invested.
2.81%
Cash On Cash
7.64%
Cap Rate
1.2
DSCR
$3,352
Rent
$194
Cashflow
Cash Flow
$3,352 income − $3,158 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,764
Downpayment
20%
$61,680
Closing costs
1%
$3,084
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,352
Total Expenses
$3,158
Mortgage P&I
49%
$1,635
Property Taxes
8%
$273
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369