This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $80,496 initial cash invested.
1.36%
Cash On Cash
7.28%
Cap Rate
1.14
DSCR
$3,183
Rent
$91
Cashflow
Cash Flow
$3,183 income − $3,092 expenses = $91 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,183
Total Expenses
$3,092
Mortgage P&I
50%
$1,587
Property Taxes
10%
$319
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350