This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $82,617 initial cash invested.
1.03%
Cash On Cash
7.38%
Cap Rate
1.12
DSCR
$3,129
Rent
$71
Cashflow
Cash Flow
$3,129 income − $3,058 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,617
Downpayment
20%
$61,540
Closing costs
1%
$3,077
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,129
Total Expenses
$3,058
Mortgage P&I
54%
$1,697
Property Taxes
6%
$189
Home Insurance
3%
$109
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344