This property might be a fair Mid-Term investment with a projected 8.04% first-year return on $81,483 initial cash invested.
8.04%
Cash On Cash
9.27%
Cap Rate
1.43
DSCR
$3,858
Rent
$546
Cashflow
Cash Flow
$3,858 income − $3,312 expenses = $546 cash flow
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,483
Downpayment
20%
$60,460
Closing costs
1%
$3,023
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,858
Total Expenses
$3,312
Mortgage P&I
42%
$1,635
Property Taxes
8%
$296
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424