This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $82,302 initial cash invested.
4.59%
Cash On Cash
8.33%
Cap Rate
1.27
DSCR
$3,507
Rent
$315
Cashflow
Cash Flow
$3,507 income − $3,192 expenses = $315 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,302
Downpayment
20%
$61,240
Closing costs
1%
$3,062
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,507
Total Expenses
$3,192
Mortgage P&I
48%
$1,671
Property Taxes
6%
$201
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386