This property might be a fair Mid-Term investment with a projected 4.65% first-year return on $80,979 initial cash invested.
4.65%
Cash On Cash
8.37%
Cap Rate
1.27
DSCR
$3,270
Rent
$314
Cashflow
Cash Flow
$3,270 income − $2,956 expenses = $314 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,270
Total Expenses
$2,956
Mortgage P&I
50%
$1,646
Property Taxes
3%
$93
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360