This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $80,034 initial cash invested.
1.53%
Cash On Cash
7.51%
Cap Rate
1.14
DSCR
$3,189
Rent
$102
Cashflow
Cash Flow
$3,189 income − $3,087 expenses = $102 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,034
Downpayment
20%
$59,080
Closing costs
1%
$2,954
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,189
Total Expenses
$3,087
Mortgage P&I
51%
$1,618
Property Taxes
8%
$258
Home Insurance
3%
$105
HOA
1%
$20
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351