This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $80,790 initial cash invested.
5.57%
Cash On Cash
8.44%
Cap Rate
1.32
DSCR
$3,399
Rent
$375
Cashflow
Cash Flow
$3,399 income − $3,024 expenses = $375 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,399
Total Expenses
$3,024
Mortgage P&I
47%
$1,591
Property Taxes
5%
$172
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374