This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $82,554 initial cash invested.
1.42%
Cash On Cash
7.23%
Cap Rate
1.14
DSCR
$3,078
Rent
$98
Cashflow
Cash Flow
$3,078 income − $2,980 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$307k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,554
Downpayment
20%
$61,480
Closing costs
1%
$3,074
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,078
Total Expenses
$2,980
Mortgage P&I
53%
$1,630
Property Taxes
6%
$194
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339