This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $80,454 initial cash invested.
3.07%
Cash On Cash
7.61%
Cap Rate
1.22
DSCR
$3,344
Rent
$206
Cashflow
Cash Flow
$3,344 income − $3,138 expenses = $206 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,454
Downpayment
20%
$59,480
Closing costs
1%
$2,974
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,344
Total Expenses
$3,138
Mortgage P&I
46%
$1,546
Property Taxes
10%
$350
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368