This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $80,601 initial cash invested.
1.31%
Cash On Cash
7.44%
Cap Rate
1.13
DSCR
$3,176
Rent
$88
Cashflow
Cash Flow
$3,176 income − $3,088 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,601
Downpayment
20%
$59,620
Closing costs
1%
$2,981
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,176
Total Expenses
$3,088
Mortgage P&I
51%
$1,632
Property Taxes
7%
$214
Home Insurance
3%
$105
HOA
2%
$58
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349