This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $80,790 initial cash invested.
4.46%
Cash On Cash
8.39%
Cap Rate
1.26
DSCR
$3,238
Rent
$300
Cashflow
Cash Flow
$3,238 income − $2,938 expenses = $300 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,238
Total Expenses
$2,938
Mortgage P&I
51%
$1,661
Property Taxes
2%
$70
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356