This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $80,097 initial cash invested.
1.24%
Cash On Cash
7.37%
Cap Rate
1.13
DSCR
$3,069
Rent
$83
Cashflow
Cash Flow
$3,069 income − $2,986 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,097
Downpayment
20%
$59,140
Closing costs
1%
$2,957
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,069
Total Expenses
$2,986
Mortgage P&I
52%
$1,609
Property Taxes
7%
$220
Home Insurance
3%
$105
HOA
0%
$8
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338