This property might be a fair Mid-Term investment with a projected 5.18% first-year return on $80,664 initial cash invested.
5.18%
Cash On Cash
8.32%
Cap Rate
1.31
DSCR
$3,477
Rent
$348
Cashflow
Cash Flow
$3,477 income − $3,129 expenses = $348 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,664
Downpayment
20%
$59,680
Closing costs
1%
$2,984
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,477
Total Expenses
$3,129
Mortgage P&I
45%
$1,581
Property Taxes
7%
$245
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382