This property might be a fair Mid-Term investment with a projected 8.1% first-year return on $82,323 initial cash invested.
8.1%
Cash On Cash
9.42%
Cap Rate
1.42
DSCR
$3,998
Rent
$556
Cashflow
Cash Flow
$3,998 income − $3,442 expenses = $556 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,323
Downpayment
20%
$61,260
Closing costs
1%
$3,063
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,998
Total Expenses
$3,442
Mortgage P&I
42%
$1,688
Property Taxes
7%
$286
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$480
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$440