This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $81,000 initial cash invested.
1.17%
Cash On Cash
7.58%
Cap Rate
1.13
DSCR
$3,388
Rent
$79
Cashflow
Cash Flow
$3,388 income − $3,309 expenses = $79 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,388
Total Expenses
$3,309
Mortgage P&I
50%
$1,681
Property Taxes
11%
$369
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373