This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $80,979 initial cash invested.
0.73%
Cash On Cash
6.67%
Cap Rate
1.1
DSCR
$2,558
Rent
$49
Cashflow
Cash Flow
$2,558 income − $2,509 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,558
Total Expenses
$2,509
Mortgage P&I
59%
$1,516
Property Taxes
1%
$19
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281