This property might be a fair Mid-Term investment with a projected 4.24% first-year return on $80,895 initial cash invested.
4.24%
Cash On Cash
8.25%
Cap Rate
1.25
DSCR
$3,112
Rent
$286
Cashflow
Cash Flow
$3,112 income − $2,826 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,895
Downpayment
20%
$59,900
Closing costs
1%
$2,995
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,112
Total Expenses
$2,826
Mortgage P&I
53%
$1,648
Property Taxes
1%
$17
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342