This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $80,832 initial cash invested.
1.23%
Cash On Cash
7.56%
Cap Rate
1.13
DSCR
$3,489
Rent
$83
Cashflow
Cash Flow
$3,489 income − $3,406 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,832
Downpayment
20%
$59,840
Closing costs
1%
$2,992
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,489
Total Expenses
$3,406
Mortgage P&I
48%
$1,662
Property Taxes
13%
$448
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384