This property might be a fair Mid-Term investment with a projected 2.24% first-year return on $81,273 initial cash invested.
2.24%
Cash On Cash
7.65%
Cap Rate
1.17
DSCR
$3,141
Rent
$152
Cashflow
Cash Flow
$3,141 income − $2,989 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,273
Downpayment
20%
$60,260
Closing costs
1%
$3,013
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,141
Total Expenses
$2,989
Mortgage P&I
52%
$1,644
Property Taxes
6%
$174
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346