This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $82,239 initial cash invested.
4.09%
Cash On Cash
8.1%
Cap Rate
1.26
DSCR
$3,632
Rent
$280
Cashflow
Cash Flow
$3,632 income − $3,352 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,239
Downpayment
20%
$61,180
Closing costs
1%
$3,059
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,632
Total Expenses
$3,352
Mortgage P&I
45%
$1,641
Property Taxes
10%
$365
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$400