This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $80,496 initial cash invested.
1.34%
Cash On Cash
7.57%
Cap Rate
1.15
DSCR
$3,706
Rent
$90
Cashflow
Cash Flow
$3,706 income − $3,616 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,496
Downpayment
20%
$59,520
Closing costs
1%
$2,976
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,706
Total Expenses
$3,616
Mortgage P&I
44%
$1,639
Property Taxes
17%
$612
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408