This property might be a fair Mid-Term investment with a projected 3.45% first-year return on $80,979 initial cash invested.
3.45%
Cash On Cash
8.1%
Cap Rate
1.22
DSCR
$3,404
Rent
$233
Cashflow
Cash Flow
$3,404 income − $3,171 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,404
Total Expenses
$3,171
Mortgage P&I
49%
$1,655
Property Taxes
7%
$255
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374