This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $81,000 initial cash invested.
1.82%
Cash On Cash
7.1%
Cap Rate
1.17
DSCR
$3,412
Rent
$123
Cashflow
Cash Flow
$3,412 income − $3,289 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,412
Total Expenses
$3,289
Mortgage P&I
44%
$1,517
Property Taxes
15%
$509
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375