This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $80,517 initial cash invested.
4.17%
Cash On Cash
8.31%
Cap Rate
1.25
DSCR
$3,434
Rent
$280
Cashflow
Cash Flow
$3,434 income − $3,154 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,517
Downpayment
20%
$59,540
Closing costs
1%
$2,977
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,434
Total Expenses
$3,154
Mortgage P&I
48%
$1,645
Property Taxes
4%
$147
Home Insurance
3%
$105
HOA
3%
$90
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378