This property might be a fair Mid-Term investment with a projected 5.71% first-year return on $81,357 initial cash invested.
5.71%
Cash On Cash
8.67%
Cap Rate
1.32
DSCR
$3,476
Rent
$387
Cashflow
Cash Flow
$3,476 income − $3,089 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,357
Downpayment
20%
$60,340
Closing costs
1%
$3,017
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,476
Total Expenses
$3,089
Mortgage P&I
48%
$1,653
Property Taxes
3%
$110
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382