This property might be a fair Mid-Term investment with a projected 1.75% first-year return on $80,055 initial cash invested.
1.75%
Cash On Cash
7.4%
Cap Rate
1.16
DSCR
$3,312
Rent
$117
Cashflow
Cash Flow
$3,312 income − $3,195 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,055
Downpayment
20%
$59,100
Closing costs
1%
$2,955
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,312
Total Expenses
$3,195
Mortgage P&I
48%
$1,574
Property Taxes
12%
$392
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364