This property might be a fair Mid-Term investment with a projected 9.26% first-year return on $79,992 initial cash invested.
9.26%
Cash On Cash
9.42%
Cap Rate
1.52
DSCR
$4,382
Rent
$617
Cashflow
Cash Flow
$4,382 income − $3,765 expenses = $617 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,992
Downpayment
20%
$59,040
Closing costs
1%
$2,952
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,382
Total Expenses
$3,765
Mortgage P&I
35%
$1,525
Property Taxes
15%
$646
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$482