This property might be a fair Mid-Term investment with a projected 4.16% first-year return on $80,538 initial cash invested.
4.16%
Cash On Cash
7.77%
Cap Rate
1.26
DSCR
$3,032
Rent
$279
Cashflow
Cash Flow
$3,032 income − $2,753 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,538
Downpayment
20%
$59,560
Closing costs
1%
$2,978
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,032
Total Expenses
$2,753
Mortgage P&I
50%
$1,528
Property Taxes
2%
$75
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334