This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $78,837 initial cash invested.
1.72%
Cash On Cash
7.62%
Cap Rate
1.14
DSCR
$2,984
Rent
$113
Cashflow
Cash Flow
$2,984 income − $2,871 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,837
Downpayment
20%
$57,940
Closing costs
1%
$2,897
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,984
Total Expenses
$2,871
Mortgage P&I
54%
$1,607
Property Taxes
8%
$249
Home Insurance
0%
$1
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328