This property might be a fair Mid-Term investment with a projected 7.66% first-year return on $80,412 initial cash invested.
7.66%
Cash On Cash
8.98%
Cap Rate
1.42
DSCR
$3,546
Rent
$513
Cashflow
Cash Flow
$3,546 income − $3,033 expenses = $513 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,412
Downpayment
20%
$59,440
Closing costs
1%
$2,972
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,546
Total Expenses
$3,033
Mortgage P&I
44%
$1,570
Property Taxes
4%
$150
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$426
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390