This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $81,105 initial cash invested.
0.95%
Cash On Cash
7.41%
Cap Rate
1.12
DSCR
$3,498
Rent
$64
Cashflow
Cash Flow
$3,498 income − $3,434 expenses = $64 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,105
Downpayment
20%
$60,100
Closing costs
1%
$3,005
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,498
Total Expenses
$3,434
Mortgage P&I
47%
$1,652
Property Taxes
10%
$365
Home Insurance
3%
$117
HOA
3%
$110
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385