This property might be a fair Mid-Term investment with a projected 4.61% first-year return on $79,593 initial cash invested.
4.61%
Cash On Cash
8.27%
Cap Rate
1.28
DSCR
$3,368
Rent
$306
Cashflow
Cash Flow
$3,368 income − $3,062 expenses = $306 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,368
Total Expenses
$3,062
Mortgage P&I
47%
$1,581
Property Taxes
7%
$222
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$370