This property might be a fair Mid-Term investment with a projected 4.1% first-year return on $81,714 initial cash invested.
4.1%
Cash On Cash
7.97%
Cap Rate
1.26
DSCR
$3,520
Rent
$279
Cashflow
Cash Flow
$3,520 income − $3,241 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,714
Downpayment
20%
$60,680
Closing costs
1%
$3,034
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,520
Total Expenses
$3,241
Mortgage P&I
45%
$1,594
Property Taxes
10%
$342
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$387