This property might be a fair Mid-Term investment with a projected 4.06% first-year return on $82,953 initial cash invested.
4.06%
Cash On Cash
8.03%
Cap Rate
1.26
DSCR
$3,574
Rent
$281
Cashflow
Cash Flow
$3,574 income − $3,293 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,953
Downpayment
20%
$61,860
Closing costs
1%
$3,093
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,574
Total Expenses
$3,293
Mortgage P&I
46%
$1,646
Property Taxes
8%
$301
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393