This property might be a fair Mid-Term investment with a projected 3.72% first-year return on $82,029 initial cash invested.
3.72%
Cash On Cash
8.04%
Cap Rate
1.23
DSCR
$3,362
Rent
$254
Cashflow
Cash Flow
$3,362 income − $3,108 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,029
Downpayment
20%
$60,980
Closing costs
1%
$3,049
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,362
Total Expenses
$3,108
Mortgage P&I
49%
$1,654
Property Taxes
6%
$205
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$370