This property might be a fair Mid-Term investment with a projected 3.09% first-year return on $79,698 initial cash invested.
3.09%
Cash On Cash
7.96%
Cap Rate
1.21
DSCR
$3,296
Rent
$205
Cashflow
Cash Flow
$3,296 income − $3,091 expenses = $205 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,698
Downpayment
20%
$58,760
Closing costs
1%
$2,938
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,296
Total Expenses
$3,091
Mortgage P&I
49%
$1,613
Property Taxes
7%
$240
Home Insurance
3%
$103
HOA
0%
$13
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363