This property might be a fair Mid-Term investment with a projected 3.81% first-year return on $81,651 initial cash invested.
3.81%
Cash On Cash
8.4%
Cap Rate
1.25
DSCR
$4,166
Rent
$259
Cashflow
Cash Flow
$4,166 income − $3,907 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,651
Downpayment
20%
$60,620
Closing costs
1%
$3,031
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,166
Total Expenses
$3,907
Mortgage P&I
41%
$1,695
Property Taxes
17%
$688
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458