This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $80,475 initial cash invested.
0.72%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$2,991
Rent
$48
Cashflow
Cash Flow
$2,991 income − $2,943 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,475
Downpayment
20%
$59,500
Closing costs
1%
$2,975
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,991
Total Expenses
$2,943
Mortgage P&I
55%
$1,633
Property Taxes
6%
$187
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329