This property might be a fair Mid-Term investment with a projected 2.13% first-year return on $81,000 initial cash invested.
2.13%
Cash On Cash
7.29%
Cap Rate
1.19
DSCR
$3,627
Rent
$144
Cashflow
Cash Flow
$3,627 income − $3,483 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,627
Total Expenses
$3,483
Mortgage P&I
42%
$1,533
Property Taxes
17%
$612
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399