This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $80,202 initial cash invested.
3.17%
Cash On Cash
7.49%
Cap Rate
1.23
DSCR
$3,216
Rent
$212
Cashflow
Cash Flow
$3,216 income − $3,004 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,202
Downpayment
20%
$59,240
Closing costs
1%
$2,962
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,216
Total Expenses
$3,004
Mortgage P&I
47%
$1,509
Property Taxes
9%
$296
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$96
Maintenance
4%
$129
Other
11%
$354